Friday’s employment report for April from the Bureau of Labor Statistics showed strong growth overall, but the same could not be said for the mortgage industry. Industry professionals called the report's mortgage job data "disappointing," but the jump in growth in all jobs could mean further rate hikes from the Fed.
Read More »Rising Wages Are a Good Thing . . . Or Are They?
The headline numbers were lower than expected for the latest Employment Situation from the Bureau of Labor Statistics. The report contained a bright spot, however, in hourly wage gains. How will wage growth affect housing going forward?
Read More »Will ‘Mixed’ Jobs Data Bode Well for Housing?
The headline numbers in the latest Employment Situation from the Bureau of Labor Statistics were positive, but the report contained its negative points—leaving analysts to speculate what the effect of the data will be for housing.
Read More »Jobs Data Means Good and Bad News for Housing
Will the latest BLS Employment Summary deter the Fed from raising the short-term interest rates this year? Not likely, but it contains news that is both positive and negative for the housing market.
Read More »The Week Ahead: Will the Labor Market Rebound?
Job gains that fell below expectations were widely viewed as a deal breaker for the Fed in deciding whether or not to raise the federal funds target rate in September. Find out what September's Employment Situation from the BLS holds on Friday, October 7, at 8:30 a.m. EST.
Read More »Is a September Rate Hike Off the Table Now?
The August jobs report from the BLS fell short of expectations, leaving analysts to wonder whether or not the widely-forecasted September rate hike by the Fed will still happen.
Read More »It’s All Good: July’s Jobs Report Makes the Grade
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.
Read More »The Week Ahead: The Search for More Money
The headline number for the June jobs report—287,000 jobs created—was impressive, especially compared to May's dismal showing. But areas that are critical for housing, such as wage growth, still need work.
Read More »Jobs Report Dazzles, But Will Housing Benefit?
June’s employment situation from the Bureau of Labor Statistics fared substantially better than May's. But it may not have any positive effects on the housing market, one economist cautioned.
Read More »Jobs Report Sends Mixed Signals
The latest employment summary from the Bureau of Labor Statistics contained several positives, but also came with a few disappointments—including one that may have an adverse effect on housing.
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