U.S. employers added just 29,000 jobs in September, a sharp slowdown from August that pushed Treasury yields lower Friday morning and gave the mortgage market a measure of relief after this week’s surge in borrowing costs. The Bureau of Labor Statistics reported...
Lawrence Yun, the chief economist for the National Association of Realtors, is warning that today’s mostly positive jobs report should not be embraced as evidence of an improving economy. “The job market continues to crank out jobs in high figures: 336,000 in...