Job creation surges in June but U6 rate at 12.1%

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Jobless claims hit lowest level in 2 months Fitch sees no sign of strategic default for rising principal reductions Fitch sees no sign of strategic default for rising principal reductions The Houston verdict has no legal force in Russia, but there are concerns that the decision can enable seizure of Yukos assets in the US (if there are any) and may foster a reluctance in future American investment in Russian companies.First-time claims for jobless benefits hit a two-month high last week but remained near pre-recession levels. The number filing for unemployment insurance jumped 11,000 to 315,000 during the Labor.

In June, the Austin’s labor market produced yet another month of strong job creation, which in turn helped keep unemployment rates in check, according to data released Friday by the Texas.

 · The US created over 200,000 jobs in June, but unemployment rose to 4.4%. Indicators of slack in the employment market are becoming harder to find. A dichotomous relationship between U6.

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Mortgage delinquency rate drops 18.4% annually: LPS Gallup: Americans not as optimistic about homeownership KBRA: High compliance costs will drive commercial lenders from mortgage space centier Bank – A Family-Owned Indiana Bank Since 1895. – Welcome to Centier Bank, a family-owned indiana bank offering friendly service and a personal touch. For more information on checking, savings, mortgages, and credit card products & services, contact us today.Sixty-three percent of Americans describe their outlook for the U.S. as optimistic, a less positive assessment than Gallup found for the 1990s and 2000s but better than for the 1980s. americans’ predictions for the future are more strongly related to political party than in the past.LPS’ May Mortgage Monitor: Largest Year-to-Date Drop in Delinquencies in 11 Years; U.S. Negative Equity Share Falls Below 15 Percent. +2.56% found that the national delinquency rate continued.

Job creation surges in June but U6 rate at 12.1%. Construction jobs remain stagnant, retail and fast food spike. July 3, 2014. Trey Garrison.

New home purchases decrease 18% The average loan size for a new home in December was $339,203, up from $337,427 in November. The MBA estimates new single-family home sales were running at a seasonally adjusted annual rate of 554,000 units in December 2017 – a decrease of 16.4% from the November pace of 663,000 units.

 · Job growth surges in June as employers add whopping 287,000 jobs. Economists expected 180,000 gains; the unemployment rate rose to 4.9%.

Over the last three months, job gains have averaged 207K per month. The broader U-6 unemployment rate of 10.8% is flat from April; one year ago is was at 12.1%..

The U6 unemployment rate, which includes part-time workers who want better full-time jobs or folks who have given up, dropped only slightly to 12.1 percent. That’s still a historically high rate. And the labor-force participation rate was unchanged at 62.8 percent, a 30-year low.

Consequently, despite the latest draw in U.S. oil inventories, at 468.5 million barrels, current supplies remain 12.1% above the year-ago figure and 5% over the five-year average.

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The Local Area Unemployment Statistics (LAUS) program produces monthly and annual employment, unemployment, and labor force data for Census regions and divisions, States, counties, metropolitan areas, and many cities, by place of residence.

Word of the Day: Unemployment (U3 and U6) Unemployment Rate in Brazil averaged 9.63 percent from 2012 until 2019, reaching an all time high of 13.70 percent in March of 2017 and a record low of 6.20 percent in December of 2013. In Brazil, the unemployment rate measures the number of people actively looking for a job as a percentage of the labour force.

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