U.S. Private Sector Employment Increases Less Than Expected In July
(RTTNews) - Private sector employment in the U.S. increased by less than expected in the month of July, according to a report released by payroll processor ADP on Wednesday.
ADP said private sector employment climbed by 122,000 jobs in July after jumping by an upwardly revised 155,000 jobs in June.
Economists had expected private sector employment to increase by 150,000 jobs, matching the job growth originally reported for the previous month.
The report also said the year-over-year pay gains for job-stayers slowed to 4.8 percent in July, the slowest pace of growth in three years.
Job-changers also saw a big drop in year-over-year pay growth, which slowed to 7.2 percent in July from 7.7 percent in June.
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U.S. Weekly Jobless Claims Unexpectedly Edge Slightly Lower
The Labor Department released a report on Thursday showing first-time claims for U.S. unemployment benefits unexpectedly edged slightly lower in the week ended December 21st. The report said initial jobless claims slipped to 219,000, a decrease of 1,000 from the previous week's unrevised level of 220,000. Economists had expected jobless claims to rise to 224,000.
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9h 48min ago
U.S. Weekly Jobless Claims Unexpectedly Edge Down To 219,000
The Labor Department released a report on Thursday showing first-time claims for U.S. unemployment benefits unexpectedly edged slightly lower in the week ended December 21st.
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10h 44min ago
U.S. New Home Sales Show Significant Rebound In November
After reporting a sharp pullback by new home sales in the U.S. in the previous month, the Commerce Department released a report on Monday showing a significant rebound by new home sales in the month of November. The Commerce Department said new home sales surged by 5.9 percent to an annual rate of 664,000 in November after plunging by 14.8 percent to a revised rate of 627,000 in October.
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3 days ago
U.S. Consumer Confidence Unexpectedly Deteriorates In December
Consumer confidence in the U.S. has unexpectedly deteriorated in the month of December, according to a report released by the Conference Board on Monday. The Conference Board said its consumer confidence index tumbled to 104.7 in December from an upwardly revised 112.8 in November.
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3 days ago
U.S. Durable Goods Orders Pull Back More Than Expected In November
New orders for U.S. manufactured durable goods slumped by much more than expected in the month of November, according to a report released by the Commerce Department on Monday. The report said durable goods orders tumbled by 1.1 percent in November after climbing by an upwardly revised 0.8 percent in October.
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3 days ago
U.S. Consumer Sentiment Improves In Line With Preliminary Estimate In December
The University of Michigan released a report on Friday showing consumer sentiment in the U.S. improved in line with its preliminary estimate in the month of December. The report said the consumer sentiment index for December was unrevised from the preliminary estimate of 74.0, in line with economists' expectations. The consumer sentiment index increased from 71.8 in November.
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6 days ago
U.S. Consumer Prices Inch Higher In November, Annual Growth Accelerates Slightly Less Than Expected
Consumer prices in the U.S. crept slightly higher in the month of November, according to a closely watched report released by the Commerce Department on Friday. The Commerce Department said its personal consumption expenditures (PCE) price index inched up by 0.1 percent in November after rising by 0.2 percent in October. Economists had expected prices to increase by another 0.2 percent.
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6 days ago
U.S. Consumer Prices Inch Up Slightly Less Than Expected In November
Consumer prices in the U.S. crept slightly higher in the month of November, according to a closely watched report released by the Commerce Department on Friday.
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6 days ago
