Why the Labor Market May Recover Faster than Previous Recessions

By Odeta Kushi on May 6, 2020
The coronavirus pandemic continues to significantly impact the domestic and global economy. Weekly unemployment claims in April have broken records and consumer confidence has declined with the worsening economic conditions. More than 18 percent of the labor force has claimed unemployment in the past six weeks. Less than two months ago, the ... Read More

Income Jobs Report

What Does the Prime-Age Labor Force Participation Rate Mean to Your Paycheck?

By Mark Fleming on June 2, 2018
The Bureau of Labor Statistics’ employment situation report for May signals good news for the housing market, as the unemployment rate hits an 18-year low, and hourly wages continue to increase. Read More

Income Jobs Report

The Link Between Wage Growth and House-Buying Power

By Mark Fleming on May 5, 2018
Yesterday, the Bureau of Labor Statistics released the employment situation report for April. Here are the highlights. Total non-farm payroll jobs increased by 164,000 in April. In fact, total non-farm payroll jobs have now increased every month since October 2010. Since that date, the U.S. economy has added more than 17.5 million jobs. The ... Read More

Housing Income Jobs Report