jobs report: Private Employers Disappoint and 652,000 give up looking for work - Daily Rate Update for July 2nd, 2010 - 07/02/10 11:26 AM
Overall, 125,000 jobs lost; unemployment rate falls to 9.5% on discouraged workers; Only 83,000 private-sector jobs added - Rate Lock Report for Friday, July 2nd, 2010
As I predicted yesterday, the highlights of today's monthly jobs report were too few private-sector jobs added, and too many discouraged workers giving up. Results weren't drastically different than expected, though, so mortgage rates have opened the day slightly worse than they closed yesterday.
Each month, the Bureau of Labor Statistics brings us its Current Employment Statistics report, often referred to as the Non-Farms Payrolls report, a survey of 160,000 business and government entities that … (0 comments)

 

Dan Hartman

Providence, RI

More about me…

Province Mortgage Associates - NMLS #2861

Address: 10 Davol Sq, Providence, RI, 02903

Office Phone: (401) 490-4400 x 114

Cell Phone: (401) 263-8655

Email Me

Dan Hartman's Blog about mortgages, real estate, and the economy in New England, and the United States, especially Rhode Island Rates, Connecticut Mortgages, Massachusetts Rate Locks, and New Hampshire Home Sales. Let Dan leverage his MBA in Finance and experience as a college professor for you! Locations of visitors to this page Site Meter


Links

Archives

RSS 2.0 Feed for this blog