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Employers added workers in December at about the same pace as the prior month, and the unemployment rate matched a four-year low, showing sustained gains in the U.S. labor market even as lawmakers were struggling to reach a budget deal.
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By Shobhana Chandra |
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U.S. stock futures were little changed, with the Standard & Poor’s 500 Index heading for its biggest weekly rally in 13 months, as investors awaited the non- farm payrolls and unemployment report for December.
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By Sofia Horta e Costa |
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More Americans than projected filed applications for unemployment benefits last week, reflecting the difficulty the government has adjusting the figures around the Easter holiday and spring break at schools.
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By
Shobhana Chandra |
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Unemployment rates were lower in November in 322 of the nation’s 372 metropolitan areas, including the Providence-Fall River-Warwick metro area, according to nonseasonally adjusted data from the U.S. Bureau of Labor Statistics.
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By PBN Staff
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Construction employment declined in 151 out of 337 U.S. metro areas – including the Providence-Fall River-Warwick and New Bedford areas – rose in 126 metro areas and stayed stagnant in 60 from November 2011 to November 2012, according to the Associated General Contractors of America.
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By PBN Staff
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U.S. stocks rose, snapping a two-day drop in the Standard & Poor’s 500 Index, amid earnings optimism after Alcoa Inc. reported sales that exceeded projections.
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By Rita Nazareth |
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U.S. stocks fell, after the Standard & Poor’s 500 Index climbed to a five-year high, as investors awaited the start of the corporate earnings season tomorrow.
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By Rita Nazareth |
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The Consumer Price Index in the Northeast rose 1.8 percent over the last 12 months to 246.5 in December, according to a report from the U.S. Bureau of Labor Statistics.
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By PBN Staff
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Single-family home sales in Bristol County, Mass. rose 5 percent in July compared with the same period last year while prices remained flat, The Warren Group said Wednesday.
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By Patrick Anderson |
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The Rhode Island economy performed well for a second consecutive month in November, raising the likelihood of a period of sustained growth, University of Rhode Island economist Leonard Lardaro said in his Current Conditions Index Monday.
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By Patrick Anderson |