In a report from the Bureau of Labor Statistics (BLS) on March 6, the U.S. economy lost 92,000 jobs in February, a month marred by severe winter weather. February was the third time in the past five months that payrolls declined, following a sharp revision showing a drop of 17,000 in December. As stocks sold…
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U.S. housing supply continued to grow this past January, but the recovery lost momentum as inventory moved further away from pre-pandemic norms, according to Realtor.com®’s January Monthly Housing Report. These trends signal renewed supply constraints even as prices remained largely flat nationwide. Active listings increased 10% year-over-year, extending a streak of inventory gains to 27…
In a post on Truth Social, President Donald Trump claimed the American Dream of homeownership is slipping out of people’s reach, “especially younger Americans.” “It is for that reason, and much more, that I am immediately taking steps to ban large institutional investors from buying more single-family homes, and I will be calling on Congress…
The Federal Reserve has maintained that a 2% annual inflation rate is its goal. After months of inflation moving back up due to factors such as tariffs, reversing what looked like a slow but steady descent to 2%, the latest Consumer Price Index (CPI) published by the Bureau of Labor Statistics (BLS) saw a reversal…
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The labor market continued to see growth in November, although with little net change since April, and the unemployment rate had little change from September, according to the latest Employment Situation Summary from the U.S. Bureau of Labor Statistics (BLS), delayed due to the government shutdown. The latest jobs report saw employment grow by 64,000…
In a delayed report on job growth from the Bureau of Labor Statistics (BLS) on Nov. 20, U.S. employers added 119,000 jobs in September, with the unemployment rate rising slightly to 4.4%. Employment continued to trend up in healthcare, food services and drinking places, and social assistance. Job losses occurred in transportation and warehousing and…