05/22/2024
Charting the course of the labor market since April 2020 reveals a journey of resilience and recovery. Despite challenges, job openings soared, reaching unprecedented heights. Now, as we approach a new phase, the landscape is evolving. With a keen eye on data trends, we anticipate a smoother path ahead.
Friday's jobs report came in as a miss of estimates and wage growth came in lower than expected, which is good news for mortgage rates.