U.S. Job Openings Show Modest Decrease In April
(RTTNews) - Job opening in the U.S. saw a modest decrease in the month of April, according to a report released by the Labor Department on Tuesday.
The Labor Department said job openings fell to 8.059 million in April from a downwardly revised 8.355 million in March.
Economists had expected job openings to dip to 8.340 million from the 8.488 million originally reported for the previous month.
The report also said both the number of hires and total separations were little changed at 5.6 million and 5.4 million, respectively.
Within separations, quits and layoffs and discharges were also little changed at 3.5 million and 1.5 million, respectively.
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U.S. Consumer Sentiment Improves More Than Expected In November
Preliminary data released by the University of Michigan on Friday showed consumer sentiment has improved by more than expected in the month of November. The University of Michigan said its consumer sentiment index climbed to 73.0 in November from 70.5 in October. Economists had expected the index to inch up to 71.0.
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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.
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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.
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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.
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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.
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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.
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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.
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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.
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