Tag Archives: Breaking news: economy

Jobs increase by 4.8 million, unemployment rate by 11.1%

Nonfarm payrolls increased by 4.8 million in June and the unemployment rate fell to 11.1% as the United States continued to reopen the coronavirus pandemic, the Labor Department said Thursday. Economists surveyed by Dow Jones had expected an increase of 2.9 million and an unemployment rate of 12.4%. The report …

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Pending home sales hit a record 44.3% in May

Pending sale real estate agent sign Daniel Acker | Bloomberg | fake pictures According to the National Association of Realtors, pending home sales increased a staggering 44.3% in May compared to April. That’s the biggest jump in a month in the survey’s history, dating back to 2001. It exceeded expectations …

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