Tag Archives: jobs report
Will rates rise on jobs report?
The labor market took a small step forward in November, but when you read the fine print, the situation isn’t as rosy as it appears. Still, mortgage rates will likely rise amid the somewhat positive news.
The Labor Department reports that the unemploym… Continue reading
Rates may rise on jobs report
The U.S. labor market has shown signs of improvement. Employers added 103,000 jobs in September. That’s substantially better than the 60,000 jobs many economists had predicted.
Good for the economy. Not so good for mortgage rates.
Revised figures for A… Continue reading
Jobs report: No jobs
Nada! Not a single job was added to the economy in August, the Labor Department said Friday. That’s the first time in 11 months that the United States did not show a net increase in jobs.
The unemployment rate remained at 9.1 percent, with 14 million A… Continue reading
Jobs report bad for rates
The situation isn’t as bad as you thought. That’s the message today’s jobs report sends to investors who had braced for more bad news this morning.
The employment report turned out better than economists expected. The U.S. economy added about 117,000 n… Continue reading