
June labor statistics: unemployment hovers at 4.4 percent
Nonfarm payroll increased by 222,000 in June, and labor force participation is at 62.8 percent with no clear trend over the last year.
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Need Court Appointed Receiver Services?
As court-appointed receiver, we work with the debtor and creditor to resolve defaulted credits. Most often, while working with the borrower’s lender, we are able to significantly reduce the loan balance through an efficient liquidation process that maximizes loan value.