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U.S. Employment Jumps Much More Than Expected In April
(RTTNews) - Job growth in the U.S. far exceeded economist estimates in the month of April, according to a closely watched report released by the Labor Department on Friday.
The Labor Department said non-farm payroll employment shot up by 177,000 jobs in April compared to expectations for an increase of about 130,000 jobs.
However, the jumps in employment in February and March were downwardly revised to 102,000 jobs and 185,000 jobs, respectively, reflecting a net downward revision of 58,000 jobs.
The report also said the unemployment rate came in at 4.2 percent in April, unchanged from the previous month and in line with economist estimates.
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U.S. Consumer Confidence Rebounds Much More Than Expected In May
A report released by the Conference Board on Tuesday showed a substantial improvement by U.S. consumer confidence in the month of May. The Conference Board said its consumer confidence index spiked to 98.0 in May after plunging to a downwardly revised 85.7 in April.
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U.S. Durable Goods Orders Plunge 6.3% In April As Aircraft Orders Plummet
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U.S. Durable Goods Orders Pull Back Sharply In April
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U.S. New Home Sales Spike From Downwardly Revised Level In April
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U.S. Existing Home Sales Unexpectedly See Further Downside In April
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U.S. Weekly Jobless Claims Unexpectedly Edge Down To 227,000
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U.S. Weekly Jobless Claims Unexpectedly Edge Slightly Lower
A report released by the Labor Department on Thursday unexpectedly showed a slight decline by first-time claims for U.S. unemployment benefits in the week ended May 17th.
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U.S. Leading Economic Index Slumps More Than Expected In April
The Conference Board released a report on Monday showing its reading on leading U.S. economic indicators slumped by more than expected in the month of April. The report said the leading economic index tumbled by 1.0 percent in April after sliding by a downwardly revised 0.8 percent in March.
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