|
|
|
|
|
|
Complete list of specialty news sections.
Subscribe to MortgageDaily.com and get immediate access to all news, statistics and archives.
Reach mortgage executives, loan originators and other people tied to mortgage industry.
Free mortgage news for prospective borrowers.
Free e-mail newsletter with the latest headlines from MortgageDaily.com.
Put entire MortgageDaily.com stories in your online or printed newsletter or publication.
Condensed MortgageDaily.com stories free on your Web site or for your RSS reader.
Archive of MortgageDaily.com stories by month going back to 1999.
Reports and announcements from MortgageDaily.com.
Data and statistics for real estate finance.
Directories of lenders, branch operators and mortgage service providers.
Directories of lenders, branch operators and mortgage service providers.
|
|
|
|
|
|
| Surprise Jump in Mortgage Jobs
241,500 people employed in mortgage positions during May
July 8, 2011
By MortgageDaily.com staff
|
Despite a drop in the number of mortgage broker employees, the mortgage industry managed to hire more people than it laid off. But overall U.S. unemployment has been worse for three months in a row.
The number of people employed in the mortgage sector was 241,500 during May based on data released Friday from the Bureau of Labor Statistics.
Mortgage staffing expanded from a revised 238,900 in April.
A year earlier, there were 258,800 people employed in real estate finance.
May's strength was concentrated in jobs classified as "real estate credit," with the number jumping to 191,300 from April's 187,100.
"Mortgage and nonmortgage loan brokers," however, saw a reduction in headcount to 50,200 from 51,800.
Across all industries, nonfarm payrolls edged up 18,000 during June after rising by 54,000 in May.
The U.S. unemployment rate -- a barometer of economic health -- worsened in June. The bureau, which operates within the Department of Labor, reported that unemployment climbed for the third consecutive month to 9.2 percent from 9.1 percent in May. |
next story
back to current headlines
|
Mortgage Broker News | Originator Newsletter
Stories about mortgage brokering and broker programs. Profiles of successful mortgage brokers. Articles about mortgage brokers who excel at other activities. Broker lawsuits and criminal broker activity.
|
|
|
