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Bureau of Labor Statistics

911,000 jobs cut in latest revisions. Is the Fed already too late?

Bureau of Labor Statistics, Federal Reserve, Housing Market, HWmember, Jerome Powell, Jobs Report, Regulatory /

The annual job revisions data was released today, which showed that 911,000 jobs that were supposedly created from March 2024 to March 2025 were removed from the books. The estimates were for 818,000 jobs to be lost in this report, so it came in worse than expected. Lower job growth has been a theme recently, […]

911,000 jobs cut in latest revisions. Is the Fed already too late? Read More »

Mortgage rates hit a new 2025 low after soft job openings report

Bureau of Labor Statistics, Federal Reserve, Housing Market, HWmember, Jobs Report, Mortgage Rates /

Mortgage rates decreased slightly on Wednesday morning to a year-to-date low of 6.49% after the job openings data came in below expectations. The key takeaway from this BLS report is that we now have more unemployed workers than job openings. This is significant because the Federal Reserve has traditionally valued job openings data and has

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