The next jobs report is expected to show slower but still substantial job growth, in the latest sign of cooling due to Federal Reserve interest rate hikes. Nonfarm employment is expected to rise by about 234,000, according to the consensus forecast among Wall Street economists surveyed by Bloomberg. That’s substantially […]
New orders and employment tumbled in March at the quickest speed since 2009, signaling a tough road ahead for U.S. manufacturers. March’s Institute for Supply Management’s report on business declined to 49.1%, an indication of contraction for the U.S. economy. The index, based on a survey of U.S. manufacturing companies, […]
Unemployment fell in April to the lowest level since 2000, signaling the continued strength of the U.S. economy as the longer-than-expected recovery stretches on. The U.S. unemployment rate fell to 3.9 percent last month, down from 4.1 percent in March, the Labor Department said Friday. Meanwhile, employers added a total […]
It’s all about the jobs market April 29, 2012 By Natalia V. Osipova American consumers’ appetite continue to outpace salaries and wages. Analysts say they expect to see personal income figures for March rise 0.2 percent and spending rev up 0.4 percent. The Bureau of Economic Analysis will issue the […]