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Reade Pickert

UNITED STATES jobless claims were unchanged at 227,000 last week. / BLOOMBERG NEWS FILE PHOTO/LUKE SHARRETT

Filings for U.S. jobless benefits hold at highest since June

WASHINGTON – Filings for United States unemployment benefits held last week at the highest level since June, bucking forecasts for a decline and suggesting...

U.S. retail sales exceed estimates, with some signs of cooling

WASHINGTON – United States retail sales rose more than estimated in October on gains from auto dealers and gas stations, though declines in categories...
U.S. JOBLESS claims increased by 14,000 to 225,000 last week . /BLOOMBERG NEWS FILE PHOTO/JEFF KOWALSKY

Jobless claims in U.S. climb to highest level since June

WASHINGTON – Applications to collect unemployment benefits rose last week to the highest level since the end of June, topping all economists’ forecasts. Jobless claims...
UNTIED STATES jobless claims declined by 8,000 to 211,000 last week. / BLOOMBERG NEWS FILE PHOTO/LUKE SHARRETT

U.S. jobless claims decrease more than estimated to 211K

WASHINGTON – Filings for United States unemployment benefits declined more than expected to reach a four-week low, another sign that a resilient labor market...
NONFARM BUSINESS employee output per hour decreased at a 0.3% annualized rate in the third quarter. / BLOOMBERG FILE PHOTO/ANDREW HARRER

U.S. productivity unexpectedly posts first decline since 2015

WASHINGTON – Productivity in the United States unexpectedly posted the first decline in almost four years and labor costs accelerated, suggesting a pickup in...
U.S. MANUFACTURING contracted for the third straight month in October, according to the Institute for Supply Management. / BLOOMBERG NEWS FILE PHOTO/MATTHEW BUSCH

U.S. factory gauge signals contraction for third-straight month

WASHINGTON – A gauge of United States manufacturing trailed estimates for October and signaled the sector contracted for a third-straight month, with the weakest...
U.S. NONFARM PAYROLL employment increased 128,000 in October. / BLOOMBERG NEWS FILE PHOTO/JEENAH MOON

U.S. hiring resilient with 128,000 gain despite strike, census

WASHINGTON – United States hiring was unexpectedly resilient in October and prior months saw sharp upward revisions, offering hope that the labor market can...
RECENT ECONOMIC reports have shown potential for a weakening of U.S. consumer spending. / BLOOMBERG NEWS FILE PHOTO

U.S. consumer spending, jobless claims suggest some caution

WASHINGTON – United States consumer spending trailed forecasts in September while weekly applications for unemployment benefits rose more than projected, offering a note of...
MANUFACTURING MADE UP 11% of gross domestic product in the second quarter, the smallest share in data going back to 1947. / BLOOMBERG NEWS FILE PHOTO/MATTHEW BUSCH

Manufacturing is now smallest share of U.S. economy in 72 Years

WASHINGTON – Three years after Donald Trump campaigned for president pledging a factory renaissance, the opposite appears to be happening. Manufacturing made up 11% of...
A GALLUP POLL found that 40% of employed Americans say they’re in good jobs, versus 44% in mediocre jobs and 16% in bad jobs. / BLOOMBERG NEWS

Americans are unhappy at work after years of economic gains

WASHINGTON – The economy has added millions of jobs and pay gains have accelerated in recent years, but Americans aren’t crazy about their work. A poll released...
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