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Tag Archives: jobless rate
March New-Home Sales A Dud
“Sales of new single-family houses in March 2015 were at a seasonally adjusted annual rate of 481,000, according to estimates released jointly today by the U.S. Census Bureau and the Department of Housing and Urban Development. This is 11.4 percent … Continue reading
Fannie Says Better Growth For Rest of 2015
Popular Economics Weekly “Economic activity was suppressed in the first quarter due largely to the West Coast port disruptions and difficult weather patterns across the Northeast, but the economy is expected to gain momentum throughout the spring and reach previously … Continue reading
Posted in Consumers, Economy, Housing, housing market, Weekly Financial News
Tagged consumer confidence, consumer savings, Consumer sentiment, consumer spending, Fannie Mae, GDP growth, household incomes, housing affordability, Index of Leading Economic Indicators, jobless claims, jobless rate, retail sales, unemployment
1 Comment
A Lousy Jobs Report?
Popular Economics Weekly At first glance it looks like a lousy jobs report. It’s true the labor market has softened in several aspects. Payroll jobs increased just 126,000 in March after increases of 264,000 in February and 201,000 in January. … Continue reading
Good Employment Report for Most
Financial FAQs The stock market plunged on news total nonfarm payroll employment increased by 295,000 in February, and the unemployment rate edged down to 5.5 percent, the U.S. Bureau of Labor Statistics reported today. The DOW fell 279 points, and … Continue reading
Jobless Rate Falls to 5.8 Percent—Why be unhappy?
Financial FAQs Weekly Nonfarm payroll jobs advanced 214,000 in October after gaining 256,000 September and 203,000 in August. Net revisions for August and September were up 31,000. The unemployment rate dipped to 5.8 percent in October from 5.9 percent in … Continue reading
Employment Up, Interest Rates Falling Again
Popular Economics Weekly We are still in the Goldilocks economy—it’s not too hot or too cold. In fact, there is enough geopolitical unrest (now it’s the Hong Kong youth protests against China’s hardliners) to drive down interest rates, and boost … Continue reading
More Jobs–What About Incomes?
Popular Economics Weekly The U.S. in July added 209,000 jobs last month outside the farm sector, the Labor Department said Friday. Although hiring tapered off after a 298,000 gain in June, the U.S. has generated at least 200,000 jobs in … Continue reading
What is Employment Like in 2014?
Popular Economics Weekly Jobless claims fell sharply in the May 24 week, down 27,000 to 300,000. The 4-week average is down a very sharp 11,250 to a new recovery low of 311,500. It should mean we will see a further … Continue reading
288,000 Payroll Jobs Created
Financial FAQs Is the Great Recession finally over? It would seem so with total nonfarm payroll employment up by 288,000, and the unemployment rate down by 0.4 percentage point to 6.3 percent in April, the U.S. Bureau of Labor Statistics … Continue reading
Jobs Recession Finally Over?
Financial FAQs Is the jobs recession finally over? It’s taken this long to bring employment back to pre-Great Recession levels. Overall employment is still slightly below the pre-recession peak (437 thousand fewer total jobs). But private employment is now above … Continue reading
