EXCLUSIVE: Morris Schneider Wittstadt officially files for Chapter 11 bankruptcy

EXCLUSIVE: Morris Schneider Wittstadt officially files for Chapter 11 bankruptcy

Mark Wittstadt: Butler & Hosch sale, Dustin Johnson lawsuit severely impacted firm

What to expect when you’re expecting a CFPB administrative action

A deeper look at PHH ruling reveals how the bureau views enforcement

Monday Morning Cup of Coffee: Is housing strong enough to weather rate hikes?

Plus the mortgage bond outlook, the NYT joins the GSE investor struggle, and more
W S
Servicing / The Ticker

Jobless claims fall by 9,000 filings

pile of paper
/ Print / Reprints /
| Share More
/ Text Size+

While jobs data in the U.S. is far from great, it did improve over the last few weeks, according to Bloomberg. The Department of Labor said jobless claims fell, dropping by 9,000 unemployment applications to 323,000 filings for the week ending Aug. 31. The publication has more:

Employers are holding the line on dismissals, setting the stage for a pickup in hiring to meet any acceleration in demand as the effects of federal budget cuts and higher payroll taxes begin to wane. Growth in employment and rising incomes will help sustain consumer spending, which accounts for about 70% of the economy.

Source: Bloomberg
Read full story

Recent Articles by HousingWire Staff

Comments powered by Disqus