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Bureau of Labor Statistics

February’s CPI report reveals steady annual inflation of 2.4%

Bureau of Labor Statistics, Consumer Price Index, Data & Visuals, First American, Housing Market, HWmember, Inflation /

U.S. consumer prices increased moderately from January to February, with annualized inflation holding steady, according to data released Wednesday by the U.S. Bureau of Labor Statistics. The Consumer Price Index rose 2.4% over the 12 months ending in February, unchanged from January. On a seasonally adjusted basis, the index increased 0.3% during the month. Core […]

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Job market softens as US payrolls fall by 92K in February

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

In a sign of a still-softening labor market, U.S. employers eliminated 92,000 nonfarm payroll jobs in February, according to data released Friday by the U.S. Bureau of Labor Statistics (BLS). Economists say the report is unlikely to change the Federal Reserve’s stance on interest rates. Meanwhile, the jobs numbers for December 2025 were downwardly revised

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BLS jobs report for January delayed by partial government shutdown

Bureau of Labor Statistics, Government Shutdown, Housing Market, Jobs Report, Mortgage Rates, Mortgage Rates Center /

The January jobs report published by the U.S. Bureau of Labor Statistics (BLS) will not be released as scheduled on Friday due to the partial federal government shutdown that began Saturday. The report will be issued once funding resumes. The shutdown was triggered after Congress failed to pass funding bills that include money for the

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Latest jobs report quashes rate cut expectations

Bureau of Labor Statistics, Economy, Industry News, Originations /

A mostly flat December jobs report points to more of the same for housing and mortgage markets. Processing Content The U.S. added 50,000 non-farm payroll jobs last month, while the unemployment rate came in at 4.4%, according to the Bureau of Labor Statistics. The numbers edged down from 64,000 new jobs in November and a

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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,

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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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