Although the employment report for all industries was less than stellar, non-bank mortgage employment has expanded for nine consecutive months.

During the final month of 2016, the rate of U.S. unemployment was 4.7 percent, according to data released Friday by the Bureau of Labor Statistics.

The jobless rate worsened from November, when it came in at 4.6 percent. But the rate was down from December 2015, when it was 5.0 percent.

Source: Mortgage Daily