MBA Advocacy Update: New Bob Broeksmit Blog on Housing Supply; California AI Bill Update
This week’s top legislative and policy news from the Mortgage Bankers Association.
142,000 Jobs Added in August, Unemployment Rate Stagnant
The U.S. Bureau of Labor Statistics released jobs data from August, finding that total nonfarm payroll enrollment increased by 142,000. The unemployment rate changed little at 4.2%.
Chart of the Week: Payroll Growth and Unemployment Rate
The August employment report confirmed that the job market is cooling.