jobs report Archive

Instant Reaction: February Jobs Report

The following is NAR Chief Economist Lawrence Yun’s thoughts on this morning’s U.S. Bureau of Labor Statistics’ February jobs report: “The boosts to business and consumer confidence over the past few months is evidently leading to faster hiring. The...

Instant Reaction: January Jobs Report

The following is NAR Chief Economist Lawrence Yun’s reaction to this morning’s U.S Bureau of Labor Statistics’ (BLS) January jobs report: “Job growth is critical in a rising interest rate environment. Every 10 basis point rise in mortgage rates can...

Instant Reaction: December Jobs Report

The following is NAR Chief Economist Lawrence Yun’s reaction to today’s December jobs report from the U.S. Bureau of Labor Statistics. 156,000 jobs were created last month and wages meaningfully increased 2.9 percent year-over-year. “The top figure of net...

Instant Reaction: September Jobs Report

The following is NAR Chief Economist Lawrence Yun’s reaction to today’s September jobs report from the U.S. Bureau of Labor Statistics: “The latest jobs report shows a softening monthly trend with 156,000 net new jobs in September. Nonetheless, the year-over-year gains...

Instant Reaction: July Jobs Report

The following is NAR Chief Economist Lawrence Yun’s reaction to today’s July jobs report from the U.S. Bureau of Labor Statistics: “Another solid month of job creation in July with 255,000 net new jobs. From a year ago, the...

Instant Reaction: June Jobs Report

The following is NAR Chief Economist Lawrence Yun’s reaction to today’s report on June’s promising rebound in job growth and what it means for housing and the economy: “June’s job growth represents a spectacular rebound. It’s also comforting in...

LISTEN: Lawrence Yun on the December Jobs Report

The U.S. Bureau of Labor Statistics this morning reported that 292,000 jobs were added in the final month of 2015. Lawrence Yun, NAR chief economist, called the employment data”very solid” and said the figure adds up to around 3...

Lawrence Yun Reacts to Today’s November Jobs Report

Earlier this morning, the U.S. Bureau of Labor Statistics reported that the economy added 211,000 jobs during the month of November. With the unemployment rate holding steady at 5.0 percent and job growth revised higher in previous months, it’s...