A new report shows the latest numbers in new jobs. Click through to read the latest insights from expert economists.
Read More »Building a Home Isn’t Getting Less Expensive
Necessary materials such as softwood lumber, oriented strand board, and ready-mix concrete used in homebuilding aren’t getting cheaper, according to August’s Department of Labor’s Producer Price Index.
Read More »Job Growth Wanes in July; Unemployment Rate Edges Up
U.S. payrolls grew less than expected in July, a potential sign that the labor market recovery might be cooling following an early summer hiring spike.
Read More »Job Growth Takes Off in June; Unemployment at 6.1%
The U.S. labor market outperformed expectations by a wide margin in June, with gains in both April and May also revised upward.
Read More »Consumer Sentiment Backs Off of Nine-Month High
In a preliminary report issued last week, Thomson Reuters and the University of Michigan reported a decline in their joint Index of Consumer Sentiment to a reading of 81.8 from April's final reading of 84.1. A large portion of the overall decline came from a decrease in the survey's Current Conditions Index, which may have suffered from concern over a slowing housing market.
Read More »Employers Add 175K Jobs in February; Unemployment at 6.7%
According to the Labor Department, the U.S. economy added 175,000 jobs in February, beating expectations after two weak months but still failing to impress. While more promising than December and January—which showed upwardly revised payroll growth of 84,000 and 129,000, respectively—February’s numbers still fell well short of 2013’s average monthly growth of 194,000.
Read More »Analysts: Jobs Report Signals ‘Very Stable Growth’
The national unemployment rate sank from 7.3 percent to 7.0 percent in November, with 203,000 new jobs added to employer payrolls, the U.S. Department of Labor reported Friday.
Read More »Initial Unemployment Claims Continue to Drop
Continuing the drop in first-time claims for unemployment insurance, initial filings fell 5,000 for the week ending September 21 to 305,000, the Labor Department reported Thursday. Economists had expected the number of claims to jump up to 330,000 from the 309,000 originally reported for the week ending September 14. The number of filings for that week was revised up to 310,000.
Read More »Initial Jobless Claims Up Less Than Expected
Following a sharp drop in first-time claims for unemployment insurance a week earlier, initial filings rose 15,000 for the week ending September 14 to 309,000, the Labor Department reported Thursday. Economists had expected the number of claims to jump up 49,000 to 341,000, from the 292,000 originally reported for the week ending September 7. The number of filings for that week was revised up to 294,000.
Read More »Initial Jobless Claims At 7 1/2-Year Low
First-time claims for unemployment insurance for the week ending September 7 plunged 31,000 to 292,000, the lowest level since March 2006, the Labor Department reported Thursday. Economists expected the number of claims to edge up to 330,000 from the 323,000 originally reported for the week ending August 31. The number of filings for that week was unchanged.
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