Though nowhere near pre-pandemic numbers, jobless claims are dropping. Learn which state saw the largest decrease, and what one Fannie Mae economist had to say about the numbers.
Read More »More than 30M Americans Claiming Unemployment Benefits
While the latest figure is a decline from the previously released data, the housing industry is still feeling the effects.
Read More »The Unemployment Hit to Mortgages
Here's how the industry reacted to the most recent unemployment data from the Department of Labor.
Read More »5.24M Americans File for Unemployment
One economist said the recent drop in homebuilder sentiment may be the “tip of the iceberg” and a further pull-back in housing construction is expected.
Read More »Jobless Claims Rise to More Than 6 Million
The latest report represents the largest increase in the Department of Labor’s adjusted series, and led one economist to say the virus could lead to a “surge” in missed payments.
Read More »Steve Mnuchin: Unemployment Could Hit 20%
With homeowners seeking relief and the government looking to assist, the Treasury Secretary said Tuesday the economic impact of COVID-19 coil dbe worse that the Great Recession.
Read More »Decline in Employment: Will It Impact Housing?
A new report shows the latest numbers in new jobs. Click through to read the latest insights from expert economists.
Read More »Confident in Earnings, Less So in Spending
A survey of consumer expectations for the next 12 months has been released by an affiliate of the Federal Reserve Bank. Found out how optimistic most Americans feel about the coming year and how this will affect the housing market.
Read More »Housing Construction Outlook Remains “Cautiously Optimistic”
Housing starts are on the rise and consumer confidence is increasing a report found. However, there are two factors that could deter further progress.
Read More »Job Growth is Strong, Wage Growth However…
The latest jobs report from the Department of Labor offers wildly exceeded expectations alongside disappointing compensation. Do solid employment numbers spell good times ahead? Or do sluggish wages mean trouble is looming? ///// Job growth is doing a lot better than expected. But sagging wage growth is not generating nearly the same optimism. Does the dynamic mean extended low inflation for the economy?
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