Browsing: jobs

Key insight: A new report details employment cuts at U.S. commercial banks and savings banks, including a net loss of more than 7,400 jobs during the…

Even as the U.S. economy adds jobs, there are fewer employment prospects for college graduates just starting out, as those armed with a newly minted diploma are…

The monthly jobs report from the Bureau of Labor Statistics (BLS) is largely seen as the biggest potential mover of mortgage rates.It gives us a quick…

I feel like I haven’t written a word about mortgage rates since the government shutdown began.Part of that is because once the government closed shop, we…

Treasury market bulls and bears fought to a draw this week as conflicting private-sector data on the health of the US labor market left expectations for…

By Christine Dobby (Bloomberg) — Bank of Nova Scotia is cutting jobs across its Canadian banking division as part of the firm’s effort to boost long-term…

Mortgage rates fell in the week ending Oct. 9 as fewer workers were on the job.The average rate on a 30-year fixed-rate mortgage fell nine basis…

Another government shutdown is slated to begin at 12:01 a.m. on Wednesday unless lawmakers can find a resolution.This isn’t the first time we’ve faced a shutdown…

Long-time market bull David Zervos is worried the Federal Reserve is overlooking how the artificial intelligence boom will impact the jobs market.”We could actually have a…

Americans aren’t quitting their jobs — and that trend is changing the way the labor market functions.Since April 2024, the U.S. economy has shed 1.2 million…