The employment report for December 2020 showed a loss of 140,000 jobs in December, the first decline since April, according to Friday's Employment Situation Summary from the Bureau of Labor Statistics. Professional and business services, leisure and hospitality, retail trade, ...
Read More »4.8M Jobs Added in June
One economist said the market is “clearly” moving in the right direction, which will cause consumer confidence to grow when deciding to purchase a home.
Read More »Unemployment Rate Skyrockets to 14.7%
The U.S. economy lost 20.5 million jobs in April and the unemployment skyrocketed to 14.7%, according to the U.S. Bureau of Labor Statistics (BLS). The unemployment rate rose from the prior month’s 4.4%, with CNN reporting this being the most-sudden ...
Read More »Economic Growth Exceeds Expectations in January
How will the addition of 225,000 jobs impact the housing market? Read through to find out.
Read More »What Does the Jobs Report Mean for Housing?
U.S. employers continued their trend of adding workers, as the Labor Department reported the economy added 164,000 jobs in July and the unemployment rate held at 3.7%. The Labor Department also reported that average hourly earnings exceeded expectations, rising 3.2% ...
Read More »Could Jobs Report Delay Decrease of Interest Rates?
The prospects that the Fed will slash interest rates later this month took a hit after the June jobs report from the Bureau of Labor and Statistics revealed the economy added 224,000 jobs, the most since January. “After May's weaker ...
Read More »U.S. Jobs Increase, Residential Investment Likely to Spur Growth
The economy appears to be striding along confidently as we close out 2017. While wage growth remains elusive, strong residential construction payrolls suggest good things for 2018.
Read More »Jobs Added for August Falls Short of Expectation
Will the widely-forecasted September rate hike by the Fed will still happen after the August jobs report from the BLS fell short of expectations?
Read More »FOMC Minutes Discuss Brexit and Jobs Report
The Federal Open Market Committee released their July 26-27, 2016 minutes noting the changes seen in financial markets and open market operations as well as reviewing the economic state, financial state, and economic outlook.
Read More »Job Report Hits the Mark for July
Economists and analysts widely praised July’s Employment Situation from the Bureau of Labor Statistics released Friday, not just for the headline number, but also for the majority of the data contained within.
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