U.S. Just Lost 92,000 Jobs

The U.S. economy just lost 92,000 jobs in February, surprising economists who expected growth. Even more confusing, the ADP report earlier this week suggested stronger hiring. Weak employment data can increase pressure on the Federal Reserve to lower interest rates, which could eventually influence mortgage rate trends. Russell McDonald | NMLS 290837 | Broker CA DRE 01150730 Wymac Capital Inc | NMLS 18766 | Broker CA DRE 01121628 Real Estate Broker - CA Dept of Real Estate