After three months of slight gains, the U.S. unemployment situation is starting to brighten a bit. According to the U.S. Labor Department, an increase in nonfarm payroll employment rose by over 900,000 jobs by the end of last week and pushed the unemployment rate down to 6%.
February’s small job gains — a total of just 49,000 for the month — were immediately overshadowed by March, which came in like a lion and pretty much stayed that way, creating nearly 1 million new jobs.
Continue reading Employment Gains, Rate Drops and The End of Forbearance at Movement Mortgage Blog.
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via Zero Mortgage Insurance
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