Employment in the mortgage industry fell in April for the second month in a row.The U.S. Bureau of Labor Statistics reported that employment in the mortgage banker/broker sector slipped by 2,500 jobs, from 503,600 in March to 501,100 in April. Meanwhile, the U.S. economy created 75,000 new jobs in May, and the unemployment rate fell to 4.6%. (There is a one-month lag in BLS reporting of mortgage-sector employment data. The May data will not be released until early next month.)The BLS can be found online at http://stats.bls.gov.
Processing Content
