Faced with today’s changing income and employment trends, leveraging expanded datasets can help financial institutions continue to provide fast, confident mortgage lending decisions, expand access to credit and grow their portfolios.
Tag: Employment
Employment Holds Steady, Slowing Slightly
November employment numbers slowed slightly from October, the Bureau of Labor Statistics reported Friday.
Solid Jobs Report Move Employment, Unemployment Rate to Pre-Pandemic Levels
Total nonfarm employment jumped by 528,000 jobs in July, more than double consensus expectations and pushing the unemployment rate to 3.5 percent, the Bureau of Labor Statistics reported Friday.
June Jobs Report Beats Estimates
Employment rose by 372,000 jobs in June, the Bureau of Labor Statistics reported Friday, a strong report despite rising inflation and economic uncertainty.
Employers Add 390,000 May Jobs; Unemployment Rate Holds at 3.6%
Employers added nearly 400,000 jobs in May, largely meeting expectations, the Labor Department reported Friday. The unemployment rate held at 3.6 percent for the third straight month.
Strong February Jobs Report Gives Fed Momentum for March Rate Hike
For the second straight month, employment numbers beat expectations, with the Bureau of Labor Statistics reporting Friday that employment rose by 678,000 in February.
Employment Data Positive Ahead of Friday’s Jobs Report
Two key indicators of U.S. employment—the ADP National Employment Report and the Labor Department’s Initial Claims report—showed improvement ahead of this morning’s Employment report from the Bureau of Labor Statistics.
January Employment Shows Solid 467,000 Gain
For the first time in months, the Employment Report from the Bureau of Labor Statistics exceeded expectations: employers added 467,000 jobs in January, despite a surge in Omicron-variant coronavirus cases, BLS reported Friday.
MBA Chart of the Week Nov. 5 2021: Single-Family Starts, Residential Construction Workers
This week’s MBA Chart of the Week examines the growth rates of single-family construction and residential construction workers since the trough in home building activity in April 2020.
MBA Chart of the Week Oct. 11, 2021–Monthly Payroll Growth
Friday’s Employment Situation Summary from the U.S. Bureau of Labor Statistics indicated that job growth remained lackluster in September following similarly disappointing gains in August.