Home >> Tag Archives: Payrolls (page 3)

Tag Archives: Payrolls

Payrolls Up 195K, Unemployment Rate Flat in June

Adding new pressures for the Federal Reserve, the nation's economy added 195,000 jobs in June, leaving the unemployment rate unchanged at 7.6.percent, the Bureau of Labor Statistics (BLS) reported Friday. Economists had forecast payrolls would grow by 165,000, and that the unemployment rate would dip to 7.5 percent.

Read More »

First-Time Jobless Claims Continue Downward Trend

First-time claims for unemployment insurance fell for the fourth time in the last five weeks, dropping 5,000 to 343,000 for week ending June 29, the Labor Department reported Wednesday. The four-week moving average of first-time claims dropped 750 to 345,500. The four-week moving average of continuing claims declined 9,500 to 2,969,250 for the period ending June 22.

Read More »

First-Time and Continuing Jobless Claims Drop

Unemployment

First-time claims for unemployment insurance dropped 9,000 to 346,000 for week ending June 22, the Labor Department reported Thursday. Economists expected 345,000 claims. Claims filings for the week ended June 15 were revised up to 355,000 from the originally reported 354,000.

Read More »

Autos Boost May Retail Sales

Driven by stronger auto sales but held back by falling gasoline sales, total retail sales increased 0.6 percent in May, the Census Bureau reported Thursday. Excluding auto sales, retail activity increased 0.3 percent in May compared with April, when it was essentially flat.

Read More »

First-Time Jobless Filings Continue Down

Unemployment

First-time claims for unemployment insurance fell to 334,000 for week ending June 8, dropping 12,000 after decreasing 11,000 one week earlier, the Labor Department reported Thursday. Economists expected initial claims to increase to 350,000 from the prior week. Claims filings for the week ending June 1 remained at the originally reported 346,000.

Read More »

Job Openings Dip in April, Hiring on Fastest Pace Since 2008

The number of job openings fell in April for the fourth time in the last five months as the number of people leaving their jobs jumped to the highest level since August, the Bureau of Labor Statistics (BLS) reported Tuesday in its month Job Openings and Labor Turnover Survey (JOLTS). According to the JOLTS report, the number of persons unemployed for each job opening rose to 3.10, the first increase in that measure since February. The number of unemployed per job opening fell sharply in the construction industry to 7.7.

Read More »

Commentary: Does Homeownership Cause Unemployment?

When President George W. Bush followed his predecessor Bill Clinton in pushing homeownership, one loud dissenter was British economist Andrew Oswald, who argued that far from improving the economy--as Bush (and Clinton before him) said it would--homeownership hurts the economy in the long run. Now, Oswald and Dartmouth Economics Professor David Blanchflower are at it again in a new paper released by the National Bureau of Economic Research with arguments even they admit may be shallow.

Read More »

Initial Jobless Claims Fall During Holiday Week

Unemployment

First time claims for unemployment insurance fell back to 346,000 for the holiday-shortened week ended June 1, dropping 11,000 after increasing 13,000 one week earlier the Labor Department reported Thursday. Economists expected initial claims to drop to 345,000.

Read More »

Subscribe to MDaily

MReport is here for you to stay on top of important developments in the mortgage marketplace. To begin receiving each day’s top news, market information, and breaking news updates, absolutely free of cost, simply enter your email address below.