Monthly non-bank mortgage staffing contracted, while jobs data for all industries was weak. But the nation’s unemployment rate fell to the lowest level since the turn of the century.
The U.S. nonfarm labor force was reported Friday by the Bureau of Labor Statistics at a preliminary 148.424 million employees as of April.
While the gain of 164,000 positions from a month earlier was subdued, it was still elevated versus March — when an upwardly revised 135,000 jobs were added.
Source: Mortgage Daily