CFPB secures $27.7 million judgment against foreclosure relief scammers

The next president needs to speak up about housing right now

Want my vote? Here's how to get it

CFPB, DOJ take action against Provident Funding for discriminatory lending

Could pay $9 million in damages
W S

Unemployment rate drops to 7.8% in September

The U.S. unemployment rate fell to 7.8% in September while nonfarm payrolls rose by 114,000 positions, the U.S. Bureau of Labor Statistics said Friday.

Hiring in health care, transportation and warehousing increased, while other industries experienced little change in employment growth.

During the first eight months of the year, the unemployment rate fluctuated between 8.1% and 8.3%.

"The number of unemployed persons, at 12.1 million, decreased by  456,000 in September," the Bureau of Labor Statistics said.

Critics of the survey suggest the numbers fail to provide a comprehensive outlook since they do not include information on those who gave up looking for work or the underemployed.   

kpanchuk@housingwire.com

Recent Articles by Kerri Panchuk

Comments powered by Disqus