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Mortgage News Daily combines the expertise of some of the housing industry's leading minds with the power of social media to offer an always lively, constantly evolving web community. MND communicates breaking news, streams video, and provides expert opinion and commentary to a community of interested market professionals and curious consumers.August Employment Report: 60K Jobs ex-Census, 9.6% Unemployment Rate
From the BLS : Nonfarm payroll employment changed little (-54,000) in August, and the unemployment rate was about unchanged at 9.6 percent, the U.S. Bureau of Labor Statistics reported today. Government employment fell, as 114,000 temporary workers hired for the decennial census completed their work. Private-sector payroll employment continued to trend up modestly (+67,000). Census 2010 hiring decreased 114,000 in August. Non-farm payroll employment increased 60,000 in July ex-Census. Both June and July payroll employment were revised up. "June was revised from -221,000 to -175,000, and the change for July was revised from -131,000 to -54,000." Click on graph for larger image. This graph shows the unemployment rate vs. recessions. Nonfarm payrolls decreased by 54 thousand in August
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August Employment Report: 60K Jobs ex-Census, 9.6% Unemployment Rate
From the BLS : Nonfarm payroll employment changed little (-54,000) in August, and the unemployment rate was about unchanged at 9.6 percent, the U.S. Bureau of Labor Statistics reported today. Government employment fell, as 114,000 temporary workers hired for the decennial census completed their work. Private-sector payroll employment continued to trend up modestly (+67,000). Census 2010 hiring decreased 114,000 in August. Non-farm payroll employment increased 60,000 in July ex-Census. Both June and July payroll employment were revised up. "June was revised from -221,000 to -175,000, and the change for July was revised from -131,000 to -54,000." Click on graph for larger image. This graph shows the unemployment rate vs. recessions. Nonfarm payrolls decreased by 54 thousand in August
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