Tag: unemployment

Guidance is Most Important When You Are A First-Time Homebuyer

First time homebuyers made up 35% of the homebuyers in the month of June. This trend is building and steadily increasing through the year. The National Association of Realtors says: “The share of first-time buyers increased in March through June—right into the heart of the pandemic period and the surge in unemployment—and is now trending […]

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Has the Economic Recovery Begun?

Wall Street Journal performed their monthly Survey of Economists and reported: “The U.S. economy will be in recovery by the third quarter of this year, economists said in a survey that also concluded the labor market will fare better than previously expected following the effects of the coronavirus pandemic.” The US Bureau of Labor Statistics […]

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Shocking Unemployment Report

The U.S. Bureau of Labor Statistics released the May Employment Situation Summary on Friday. Most predicted that the unemployment rate would increase to 20% from the 14.7% announced last month. The results were shocking. The Wall Street Journal said: “The May U.S. jobless rate fell to 13.3% and employers added 2.5 million jobs, blowing Wall Street expectations […]

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Unemployment Report

Last week the Bureau of Labor Statistics released that the unemployment rate has jumped to 14.7%. This number is predicted to be higher next month. This rate indicates how many families are undergoing financial hardships as a result of COVID-19. Although the unemployment rate is terrifyingly high, it is important not to exaggerate. Many are […]

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