The big asterisk on that October jobs report: Economist

Windermere’s Principal Economist Jeff Tucker looks at how recent events have impacted the October jobs report and what it means for the economy. Continue reading

Weak jobs report drags down stock indexes — and mortgage rates

August payroll report includes “huge downward revisions” to previous estimates of June and July job growth, renewing recession worries and prospects for aggressive Fed rate cuts. Continue reading

Blowout January jobs report has mortgage rates surging again

Employers added 353,000 workers to their payrolls in January, a “head scratching” jobs report from the Labor Department that kills prospects for a March rate cut “stone dead,” economist says Continue reading

Hiring is on the rise, but also worse than once thought. What gives?

Real estate didn’t shed an unusual number of workers in August. But there are fewer jobs than it once seemed. Inman explains the paradox. Continue reading

What down market? Payrolls are just fine in the brokerage world

Home transactions may be down, but you wouldn’t know it from most brokerage payrolls. Real estate hiring churned along in July, according to new data from the U.S. Bureau of Labor Statistics. Continue reading

Builder hiring ramps up while real estate brokerages keep pace

Builders and residential contractors added nearly 60,000 jobs in June — about 11,000 more than expected for this time of year, according to data released Friday by the Bureau of Labor Statistics. Continue reading

Hiring in real estate ramps up — but lags behind other industries: Labor

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 new jobs data released Friday by the Bureau of Labor Statistics. Continue reading

What layoffs? Most of real estate industry is ramping up, data shows

Employers posted another hot hiring month as the spring housing market picked up, exceeding strong overall numbers, according to data released Friday by the U.S. Bureau of Labor Statistics. Continue reading

Real estate adds fewer jobs in an otherwise strong US hiring month

The start of spring usually marks more brokerage transactions and ramped-up construction schedules. But payroll growth was weaker in March, according to Bureau of Labor Statistics data. Continue reading

Latest jobs numbers take pressure off wages — and mortgage rates

The real estate industry got two kernels of good news in the latest jobs numbers from the U.S. Bureau of Labor Statistics. Continue reading