Surprising GDP and jobs numbers have investors buying stocks and selling bonds over worries that Fed policymakers will continue hiking rates to combat inflation. Source:…
Posts published in “unemployment”
May was a strong hiring month for the U.S. as a whole. But in a down market, real estate didn’t quite keep pace, according to…
Fannie Mae economists say “extraordinarily tight” inventories of existing homes driven by mortgage lock-in effect has shifted demand toward new homes. Source: Inman News
With a few exceptions, the layoffs have so far largely been confined to companies providing mortgages and mortgage-related services like title and closing. Source: Inman…
Employers in the real estate sector expanded their workforces by nearly 1 percent in February, roughly doubling the national job growth pace. Source: Inman News
Initial jobless claims for the week ending March 27 rose to 719,000, a number that surpassed the pre-coronavirus record, just one week after filings hit…
Construction employment declined by 61,000 as the real estate industry yearns for more housing. Source: Inman News
Analysts say unemployment will continue to be an ongoing issue even as the pandemic subsides. Source: Inman News
The gains come at a time when unemployment remains high at 6.3 percent on the heels of the U.S. adding just 49,000 jobs, according to…