Opinions Uncensored

Weekly Initial Unemployment Claims decrease to 258,000

The DOL reported:In the week ending December 3, the advance figure for seasonally adjusted initial claims was 258,000, a decrease of 10,000 from the previous week's unrevised level of 268,000. The 4-week moving average was 252,500, an increase of 1,000 from the previous week's unrevised average...

Thursday: Unemployment Claims

From Matthew Graham at Mortgage News Daily: Mortgage Rates Fall Ahead of European Central Bank AnnouncementMortgage rates moved moderately lower today, as financial markets positioned themselves for an important announcement from the European Central Bank (ECB) tomorrow regarding the...

Annual Employment Gains some early thoughts on 2017

I'm starting to look at my 10 economic questions for 2017 (something I do every year).Last year I thought the unemployment rate would be 4.5% in December 2016 (the rate fell to 4.6% in November), and that the economy would add around 200,000 jobs per month (down from 2014 and 2015). Through...

BLS: Job Openings "little changed" in October

The number of job openings was little changed at 5.5 million on the last business day of October, the U.S. Bureau of Labor Statistics reported today. Over the month, hires and separations were also little changed at 5.1 million and 4.9 million, respectively.
The number of quits was little changed in October at 3.0 million. The quits rate was 2.1 percent. Over the month, the number of quits was little changed for total private, and decreased for government (-26,000).
emphasis added...

MBA: Mortgage Applications Decrease in Latest Weekly Survey

From the MBA: Mortgage Applications Decrease in Latest MBA Weekly Survey Mortgage applications decreased 0.7 percent from one week earlier, according to data from the Mortgage Bankers Association’s (MBA) Weekly Mortgage Applications Survey for the week ending December 2, 2016. The prior week’s...

Wednesday: Job Openings

Wednesday:• At 7:00 AM ET, The Mortgage Bankers Association (MBA) will release the results for the mortgage purchase applications index.• At 10:00 AM, Job Openings and Labor Turnover Survey for October from the BLS. Jobs openings decreased in September to 5.486 million from 5.453 million in...