Nonfarm payrolls added 54,000 jobs in May

Service-related industries created 160,000 jobs while goods producers added 44,000, including 27,000 in construction. The number serves as a precursor for Friday’s nonfarm payrolls report. large.

Nonfarm payrolls increased 54,000 last month, the Labor Department said on Friday, with private employment rising 83,000, the least amount since June. Government payrolls dropped 29,000. Economists polled by Reuters had expected payrolls to rise 150,000 and private hiring to increase 175,000 in May.

NAR: Pending home sales up 10.3% from last year NAR: Pending home sales up 10.3% from last year 0 Pending home sales continued to inch higher in April with the National Association of Realtors Pending Home sales index rising slightly to an index score of 106, a 0.3% increase from the March 105.7 score.

LIVE NFP: 157th Non-Farm Payrolls Coverage All Employees: Total Nonfarm, commonly known as Total Nonfarm Payroll, is a measure of the number of U.S. workers in the economy that excludes proprietors, private household employees, unpaid volunteers, farm employees, and the unincorporated self-employed.

August nonfarm payrolls shed 54,000 jobs . September 3, 2010. The private sector added 71,000 jobs in August, according to the Labor Department.. Nonfarm payrolls added 54,000 jobs in May .

U.S. payrolls grew by an estimated 54,000 in May, a meager gain compared to an average increase of 220,000 over the previous three months. The national unemployment rate edged up a tenth to 9.1 percent. According to the latest Labor Department estimates, nonfarm payrolls were little changed with a net increase of 54,000 jobs.

S&P/Experian: Mortgage default rates increase two months straight Consumer default rates rose in August, reversing a long downward trend, the most recent S&P/Experian Consumer Credit Default Indices showed. The overall national composite jumped two basis points.

Goldberg added that through the end of June. Meanwhile, the Labor Department’s Jobs Report released on August 2, reported that nonfarm payroll employment increased by 164,000 in July, while the.

U.S. employers added 54,000 jobs in May as the labor market, missing expectations badly, sending the unemployment rate back to 9.1 percent.. the U.S. nonfarm payrolls report marks what could be.

The Labor Department reported on Friday that the United States added 54,000 nonfarm payroll jobs last month, following an increase of 232,000 jobs in April. May’s job gain was about a third of.

The Labor Department reported on Friday that the United States added 54,000 nonfarm payroll jobs last month, following an increase of 232,000 jobs in April. May’s job gain was about a third of. Health care employment continued to expand in May (+17,000). Employment in the industry had risen by an average of 24,000 per month over the prior 12 months.

Foreclosure mess scares off homebuyers: Campbell/Inside Mortgage Finance Foreclosure mess scares off homebuyers: Campbell/Inside Mortgage Finance The percentage of first-time homebuyers searching for a property fell to 35.7% in April, according to the latest Campbell/Inside Mortgage Finance HousingPulse Tracking Survey. First-time homebuyers comprised 43.4% of the demand market in April 2010, when the homebuyer tax credit was in place.Investors still see relative value in subprime mortgage bonds Rising mortgage rates spur first-time homebuyer activity in November "Higher mortgage rates impact both housing supply and demand. Current homeowners and prospective home buyers alike are experiencing a 30-year, fixed-rate mortgage close to 5 percent for the first time in eight years," said Fleming. "Higher mortgage rates reduce affordability for the first-time home buyer, constricting demand.Some big investors. you see risk assets like high yield do poorly.” Bonds backed by “Alt-A” mortgages, which were often taken out by borrowers unable to document their income, have gained around.

Nonfarm payrolls rose by a seasonally adjusted 54,000 in May. This is the smallest gain since September and a fraction of the 125,000 jobs expected by economists polled by MarketWatch. That forecast had been cut in recent days as economists grew pessimistic after a string of disappointing data this week.

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