Unemployment rate improves across nation

WASHINGTON, DC – Construction unemployment rates improved in 46 states and throughout the nation in May on a year-over-year basis, according to an analysis of Bureau of Labor Statistics data released today by Associated Builders and Contractors. The May national not.

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 · How Unemployment Rates Affect The Economy. However, unemployment causes a sort of ripple effect across the economy. With one person losing his job, there is one less person that will pay state and federal income taxes, one less person that will pay additional sales tax revenue as a laid off worker will instantly cut back on their non-necessary.

There was strong growth in manufacturing and professional and business services employment in 2015. Per capita GDP and per capita income rose faster than in the state or nation in 2014. Recently the metro area’s unemployment rate has gone up, but it appears to be a reflection of increased labor force entry rather than job loss.

Arkansas’ employment picture continued to improve in April, with the state’s unemployment rate falling to 3.6% and jobs added to its workforce for the fourth consecutive month.

A new report on youth unemployment in Illinois offers some good news:. as the nation's low 3.9 percent unemployment rate and record number of. nor in school rose to 23 percent from 16 percent over the two years, and.

Nomura found liable for selling toxic mortgages to Fannie, Freddie Nomura, RBS face 5 million damages after U.S. ruling – Yahoo – A U.S. judge’s ruling that Nomura Holdings Inc and Royal Bank of Scotland Group Plc (RBS.L) made false statements selling mortgage-backed securities to Fannie Mae and Freddie Mac could result in a.High-risk FHA loans push mortgage risk index up in May FHA Becomes Better. The FHA constantly evolves to serve potential homebuyers best. Most recently, HUD proposed to amend the National Housing Act to allow the FHA to offer FHA insured mortgage options to borrowers who have low incomes and are often have only high-risk mortgages available to them.

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New Mexico’s 6.7% unemployment rate is the highest in the country, pushing West Virginia and Nevada out of that position. National unemployment figures were released in early February. The nationwide.

U.S. job growth accelerated in May and the unemployment rate dropped to an. costs in March and forecast at least two more rate increases for this year.. Monthly job gains have averaged about 179,000 over the last three.

Why the Unemployment Rate Decreases and Increases. coming up with the national unemployment rate isn’t as simple as just taking the unemployment rate.

Unemployment Rate at 45-Year High: 4 Key Takeaways From NSSO Data | The Quint The unemployment rate for African American workers has never been. It has long had one of the lowest overall unemployment rates in the country.. disproportionately through the Great Recession, share equally in an economy. since improved slightly on average, but the white unemployment rate is still.

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Bank of America now offering $0 origination fee on certain mortgages The Bank of America Corporation (abbreviated as BofA) is an American multinational.. A consortium of other California banks introduced Master Charge (now. helped BankAmerica to build a leveraged finance origination and distribution business.. This purchase made Bank of America Corporation the leading mortgage.