Mortgages

A set of provisions tucked into the law has real estate developers and affordable housing proponents cheering — though some view it as a bittersweet victory.

The jobs report beat expectations, while the unemployment rate dipped one-tenth of a percentage point to 4.1%.

Private sector employers cut 33,000 jobs in June, the first decline in over two years, while annual pay grew 4.4% year-over-year, payroll giant ADP reported.

Job and wage growth at small businesses remained stable in June, despite some moderation, payroll company Paychex reported.

Rhode Island home sellers would see a conveyance tax rise 63%, and owners of million-dollar properties would pay an additional levy if the budget is signed into law.

The overall unemployment rate remained unchanged at 4.2%.

Hourly earnings growth for small business employees dropped to a four-year low at 2.77% in May, while job growth was flat, according to payroll company Paychex.

Private sector employment increased by only 37,000 jobs in May, down from a revised figure of 60,000 in April, while annual pay increased 4.5% year over year.

The U.S. Bureau of Labor Statistics issued an unexpectedly robust jobs report, but it may be the last one for a while.

Employers added only 62,000 jobs and annual pay grew 4.5% year over year, payroll processor ADP reported.