U.S. consumer sentiment rose in early June by more than expected on improved outlooks for the economy and moderating inflation expectations.
Author: Olivia Rockeman
Economists Brace for Another Volatile Monthly Jobs Report
Economists, blindsided by a major miss in April’s U.S. employment report, are now ready for any number of surprises.
Manufacturing Output Increased in April for a Second Month
U.S. manufacturing output rose in April by slightly more than expected, suggesting further improvement for factories that are otherwise buffeted by supply shortages and shipping challenges.
Job Growth Softens, Misses Estimates
U.S. job growth unexpectedly softened in April from the prior month, suggesting that difficulty attracting workers is slowing momentum in the labor market.
Consumer Sentiment Climbs as Virus Restrictions Ease
Consumer sentiment continued to improve in late March to a one-year high as more Americans got coronavirus vaccinations and business restrictions eased in many states.
Jobless Claims Decline by More Than Forecast Last Week
Applications for U.S. state unemployment benefits fell by more than forecast last week to the lowest since November, signaling that job cuts are starting to ebb as COVID-19 infections decline and vaccinations accelerate.
US State Jobless Claims Ease While Federal Programs Swell
Applications for U.S. state unemployment insurance fell slightly last week while claims for federal benefits swelled, illustrating the persistent challenges in the system of delivering financial aid to the nation’s jobless.
Jobless Claims Fall by More Than Expected
Applications for U.S. state unemployment benefits fell last week, signaling that job cuts may be easing after rising in December and early January.
US Jobless Claims Fall Slightly; Remain Near 1 Million
Applications for U.S. state unemployment benefits fell only slightly the week of Jan. 11 and remained elevated, signaling heightened pandemic-related strain in the U.S. labor market just as Joe Biden begins his first days as president.
US Jobless Claims Jump by Most Since March, Approach 1 Million
Applications for U.S. state unemployment benefits surged last week by the most since late March, pointing to persistent labor market pain as coronavirus infections continue to soar and potentially adding to momentum for a larger federal stimulus plan.