U.S. Private Sector Employment Climbs Less Than Expected In May
(RTTNews) - A report released by payroll processor ADP on Wednesday showed private sector job growth in the U.S. slowed by more than expected in the month of May.
ADP said private sector employment climbed by 152,000 jobs in May after jumping by a downwardly revised 188,000 jobs in April.
Economists had expected private sector employment to increase by 173,000 jobs compared to the addition of 192,000 jobs originally reported for the previous month.
"Job gains and pay growth are slowing going into the second half of the year," said ADP chief economist Nela Richardson. "The labor market is solid, but we're monitoring notable pockets of weakness tied to both producers and consumers."
read more
U.S. Dollar Gives Back Ground After Yesterday's Surge
After surging during Wednesday's trading, the value of the U.S. dollar has shown a notable move back to the downside during trading on Thursday.
RTTNews
|
17ч 41мин назад
Fed Lowers Interest Rates By Quarter Point, Attentive To Risks To Both Sides Of Dual Mandate
After aggressively slashing interest rates by half a percentage point in September, the Federal Reserve on Thursday announced its widely expected decision to lower rates by another quarter point. The Fed said it has decided to lower the target range for the federal funds rate by 25 basis points to 4.50 to 4.75 percent.
RTTNews
|
19ч 55мин назад
U.S. Wholesale Inventories Dip Slightly More Than Expected In September
The Commerce Department released a report on Thursday showing wholesale inventories in the U.S. fell by slightly more than expected in the month of September. The report said wholesale inventories slipped by 0.2 percent in September after rising by 0.2 percent in August. Economists had expected wholesale inventories to edge down by 0.1 percent.
RTTNews
|
23ч 51мин назад
U.S. Labor Productivity Surges 2.2% In Q3, Slightly Less Than Expected
Labor productivity in the U.S. increased by slightly less than expected in the third quarter, according to a report released by the Labor Department on Thursday, while unit labor costs rose by much more than expected. The Labor Department said labor productivity shot up by 2.2 percent in the third quarter after surging by a downwardly revised 2.1 percent in the second quarter.
RTTNews
|
23ч 59мин назад
U.S. Weekly Jobless Claims Rebound Modestly From Five-Month Low
A report released by the Labor Department on Thursday showed a modest rebound by first-time claims for U.S. unemployment benefits in the week ended November 2nd. The Labor Department said initial jobless claims crept up to 221,000, an increase of 3,000 from the previous week's revised level of 218,000. The uptick came a week after jobless claims dropped to their lowest level since May.
RTTNews
|
1 дней спустя
U.S. Labor Productivity Surges Slightly Less Than Expected In Q3
Labor productivity in the U.S. increased by slightly less than expected in the third quarter, according to a report released by the Labor Department on Thursday, while unit labor costs rose by much more than expected.
RTTNews
|
1 дней спустя
U.S. Weekly Jobless Claims Inch Up To 221,000
A report released by the Labor Department on Thursday showed a modest rebound by first-time claims for U.S. unemployment benefits in the week ended November 2nd.
RTTNews
|
1 дней спустя
U.S. Services Index Unexpectedly Climbs To Two-Year High In October
Service sector activity in the U.S. unexpectedly grew at an accelerated rate in the month of October, according to a report released by the Institute for Supply Management on Tuesday. The ISM said its services PMI rose to 56.0 in October from 54.9 in September, with a reading above 50 indicating growth. The uptick surprised economists, who had expected the index to dip to 53.8.
RTTNews
|
2 дней спустя
