Mortgage rates could decline again now that the unemployment rate is ticking up again. Catherine Falls Commercial/Getty Images

Unemployment data released on Friday was not warmly greeted by millions of Americans.

The overall unemployment rate ticked up to 4.3% in August, up from 4.2% in July. And just 22,000 jobs were added to the economy in the month. Additionally, revised data now shows employers cut 13,000 jobs in June as opposed to adding 14,000 as previously reported. That was the first decline since late 2020, when the economy was still recovering from the pandemic.

This news, combined with a stubborn inflation rate and higher interest rates on everything from personal loans to credit cards, can understandably leave many adults feeling frustrated. There is one positi

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