Mortgage Employment Sector Off
Decrease of 2,600 in ‘Real Estate Credit’ category October 6, 2003 By MortgageDaily.com staff |
The number of people reported as employed in mortgage-related positions was down slightly in August.
The Bureau of Labor Statistics reported in its most recent monthly employment report that as of August, people working in the Real Estate Credit category total 308,800. The non-seasonally adjusted figures represent a decrease from the prior month’s 311,400, but an increase from last year’s 269,500. The “Mortgage and Nonmortgage Loan Brokers” category employee numbers increased to 113,300 from 111,800 the prior month — which was reported non-seasonally adjusted employment numbers for “Production Workers,” whereas this month’s figures represent “All Employees.” A year ago, this sector stood at 85,000, according to the report. The overall unemployment for September remained at 6.1% or 9 million people, the Bureau, a division of the U.S. Department of Labor, reported. Meanwhile, temporary help services maintained their upward trend and manufacturing jobs continued to decline at a slower rate. |
FREE CALCULATORS TO HELP YOU SUCCEED
Tools for Your Next Big Decision.
Amortization Calculator
Affordability Calculator
Mortgage Calculator
Refinance Calculator
FHA Mortgage Calculator
VA Mortgage Calculator
Real Estate Calculator
Tags
Pre-Approval Resources!
Making well educated decions in a matter of minutes and stay up to date on the latest news Mortgage Daily has to offer. Read our latest articles to stay up to date on what’s going on…
Resource Center
Since 1998, Mortgage Daily has helped millions of people such as yourself navigate the complicated hurdles of the mortgage industry. See our popular topics below, search our website. With over 300,000 articles, we are guaranteed to have something for you.
TOP SEARCHED TOPICS
Your mortgages approval starts here.
Add 1-2 sentence here. Add 1-2 sentence here. Add 1-2 sentence here. Add 1-2 sentence here. Add 1-2 sentence here.
Stay Up To Date with Today’s Latest Rates
Mortgage
Today’s rates starting at
Home Refinance
Today’s rates starting at
Home Equity
Today’s rates starting at
HELOC
Today’s rates starting at