U.S. Employment Climbs Much Less Than Expected In April
(RTTNews) - After reporting stronger than expected job growth over the past several months, the Labor Department released a report on Friday showing employment in the U.S. increased by much less than expected in the month of April.
The Labor Department said non-farm payroll employment climbed by 175,000 jobs in April after surging by an upwardly revised 315,000 jobs in March.
Economists had expected employment to jump by 243,000 jobs compared to the spike of 303,000 jobs originally reported for the previous month.
The report also showed the unemployment rate crept up to 3.9 percent in April from 3.8 percent in March. The unemployment rate was expected to remain unchanged.
read more
U.S. Consumer Sentiment Unexpectedly Drops To Seven-Month Low In June
The University of Michigan released preliminary data on Friday unexpectedly showing a continued deterioration in U.S. consumer sentiment in the month of June. The report said the consumer sentiment index fell to 65.6 in June after tumbling to 69.1 in May. Economists had expected the index to rebound to 72.0.
RTTNews
|
2 gün önce
U.S. Import Price Unexpectedly Decrease 0.4% In May
A report released by the Labor Department on Friday showed unexpected decreases by U.S. import and export prices in the month of May. The Labor Department said import prices fell by 0.4 percent in May following a 0.9 percent advance in April. Economists had expected import prices to inch up by 0.1 percent.
RTTNews
|
2 gün önce
U.S. Import, Export Prices Unexpectedly Decrease In May
A report released by the Labor Department on Friday showed unexpected decreases by U.S. import and export prices in the month of May.
RTTNews
|
2 gün önce
U.S. Producer Prices Unexpectedly Dip In May, Annual Growth Slows
A report released by the Labor Department on Thursday showed producer prices in the U.S. unexpectedly edged lower in the month of May. The Labor Department said its producer price index for final demand dipped by 0.2 percent in May after climbing by 0.5 percent in April. Economists had expected producer prices to inch up by 0.1 percent.
RTTNews
|
3 gün önce
U.S. Weekly Jobless Claims Unexpectedly Climb To Nearly 10-Month High
The Labor Department released a report on Thursday showing an unexpected increase by first-time claims for U.S. unemployment benefits in the week ended June 8th. The report said initial jobless claims climbed to 242,000, an increase of 13,000 from the previous week's unrevised level of 229,000. Economists had expected jobless claims to edge down to 225,000.
RTTNews
|
3 gün önce
U.S. Producer Prices Unexpectedly Edge Lower In May
A report released by the Labor Department on Thursday showed producer prices in the U.S. unexpectedly edged lower in the month of May.
RTTNews
|
3 gün önce
U.S. Weekly Jobless Claims Unexpectedly Climb To 242,000
The Labor Department released a report on Thursday showing an unexpected increase by first-time claims for U.S. unemployment benefits in the week ended June 8th.
RTTNews
|
3 gün önce
What Makes This Economist Think Two Fed Rate Cuts Are Possible This Year?
The U.S. Federal Reserve left the federal funds rate target unchanged on Wednesday and forecast just one interest rate cut for this year, but Capital Economics thinks two rate cuts are possible. "Overall, there's nothing here that rules out a September rate cut," Capital Economics economist Paul Ashworth said.
RTTNews
|
4 gün önce
