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U.S. Private Sector Employment Surges Much More Than Expected In July
(RTTNews) - With the leisure and hospitality sector again driving growth, payroll processor ADP released a report on Wednesday showing U.S. private sector employment jumped by much more than expected in the month of July.
ADP said private sector employment shot up by 324,000 jobs in July after surging by a downwardly revised 455,000 jobs in June.
Economists had expected private sector employment to increase by 189,000 jobs compared to the spike of 497,000 jobs originally reported for the previous month.
"The economy is doing better than expected and a healthy labor market continues to support household spending," said ADP chief economist Nela Richardson. "We continue to see a slowdown in pay growth without broad-based job loss."
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U.S. Services Index Unexpectedly Indicates Slight Contraction In May
Service sector activity in the U.S. unexpectedly saw a slight contraction in the month of May, the Institute for Supply Management revealed in a report released on Wednesday. The ISM said its services PMI fell to 49.9 in May from 51.6 in April, with a reading below 50 indicating contraction. Economists had expected the index to inch up to 52.0.
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13h 50phút trước
U.S. Private Sector Adds 37,000 Jobs In May, Much Fewer Than Expected
A report released by payroll processor ADP on Wednesday showed private sector employment in the U.S. increased by much less than expected in the month of May. ADP said private sector employment rose by 37,000 jobs in May after climbing by a downwardly revised 60,000 jobs in April. Economists had expected private sector employment to jump by 115,000 jobs.
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U.S. Private Sector Employment Rises Much Less Than Expected In May
A report released by payroll processor ADP on Wednesday showed private sector employment in the U.S. increased by much less than expected in the month of May.
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15h 45phút trước
U.S. Job Openings Unexpectedly Increase In April
Job openings in the U.S. unexpectedly increased in the month of April, according to a report released by the Labor Department on Tuesday. The Labor Department said job openings climbed to 7.391 million in April from an upwardly revised 7.200 million in March.
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U.S. Factory Orders Pull Back Sharply In April
A report released by the Commerce Department on Tuesday showed a substantial pullback by new orders for U.S. manufactured goods in the month of April. The Commerce Department said factory orders plunged by 3.7 percent in April after surging by a downwardly revised 3.4 percent in March.
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1 ngày trước
U.S. Construction Spending Unexpectedly Falls 0.4% In April
A report released by the Commerce Department on Monday unexpectedly showed a continued decrease by U.S. construction spending in the month of April. The Commerce Department said construction spending fell by 0.4 percent to an annual rate of $2.152 trillion in April after shrinking by 0.8 percent to a revised rate of $2.162 trillion in March.
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2 ngày trước
U.S. Manufacturing Index Unexpectedly Edges Down To Six-Month Low In May
A reading on U.S. manufacturing activity unexpectedly edged slightly lower in the month of May, according to a report released by the Institute for Supply Management on Monday. The ISM said its manufacturing PMI slipped to 48.5 in May from 48.7 in April, with a reading below 50 indicating contraction. Economists had expected the index to inch up to 49.5.
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2 ngày trước
U.S. Consumer Prices Inch Up In Line With Estimates In April
Consumer prices in the U.S. crept slightly higher in the month of April, according to a closely watched report released by the Commerce Department on Friday.
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5 ngày trước
