Our Chart of the Week focuses on Friday’s Employment Situation report released by the Bureau of Labor Statistics.
Tag: Unemployment
U.S. Payroll Up 150,000 in October, Shows Signs of Weakening
The U.S. economy added 150,000 nonfarm employment jobs in October, the U.S. Bureau of Labor Statistics reported.
MBA Chart of the Week May 12, 2023: Mortgage Delinquency Rate, Unemployment Rate
This week’s chart shows that mortgage delinquencies and the unemployment rate continue to track each other closely.
Zillow: Newly Unemployed Service Workers Owe $1.7 Billion/Month in Housing Payments
Zillow, Seattle, said its analysis found more than $1.7 billion in rent and mortgage payments is owed each month by U.S. service-sector workers currently receiving unemployment benefits as a result of the coronavirus pandemic — payments that could be in jeopardy if expanded local and federal unemployment assistance fades or workers remain without incomes longer than expected.
Zillow: Coronavirus-Related Layoffs Threaten Housing Security for Minorities
Latinx, Asian and black workers are disproportionately represented in the food, arts and service industries that have been affected by mass layoffs and furloughs, said Zillow, Seattle.
MBA April Economic Commentary: Economy Slows Sharply; Massive Job Loss; but V-Shaped Recovery in Forecast
The spread of the coronavirus has slowed global and U.S. economic activity to a halt. Public and private measures to stem the spread of the virus have led to indefinite interruptions in many sectors of the economy, as well as future uncertainty surrounding how long this pause in the global economy will last and what the potential economic losses could be.