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Tag Archives: joblessness

Average on 30-year US mortgage stays at 3.55 pct.

WASHINGTON  — The average rate on the 30-year fixed mortgage held steady this week, staying slightly above the lowest level on record. Low mortgage rates have aided a modest housing recovery. Mortgage buyer Freddie Mac said Thursday that the rate ...

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Weak job growth makes bold Fed action more likely

WASHINGTON — U.S. employers added 96,000 jobs in August, a tepid figure that points to the economy’s persistent weakness and slowing prospects for the unemployed. The unemployment rate fell to 8.1 percent from 8.3 percent in July. But that was ...

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Maryland home builders expect another sluggish year in ’12

Maryland home builders expect a sluggish 2012 as joblessness and low consumer confidence have delayed a housing market recovery until at least 2013, according to experts at a forecast event held by the Home Builders Association of Maryland. “We’ve had ...

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Fewest requests for unemployment aid since 2008

WASHINGTON — The number of people applying for unemployment benefits plunged last week to the lowest level in nearly three years, boosting hopes that companies will step up hiring this year as the economy strengthens. Applications sank by a seasonally ...

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