U.S. job openings fell in April from a record in the prior month though remained elevated at about double the number of unemployed Americans, suggesting little relief for employers struggling to attract and retain workers.
Author: Reade Pickert
Productivity Drops on Weaker Output as Labor Costs Jump
U.S. productivity dropped in the first quarter by the most since 1947 as the economy shrank, while labor costs surged and illustrated an extremely tight job market.
Employment Costs in US Increase by More Than Forecast
U.S. employment costs jumped by the most on record at the start of the year, heightening concerns about persistent inflation that set the stage for more forceful policy action by the Federal Reserve.
Factory Growth Unexpectedly Advances to Four-Month High
A measure of U.S. manufacturing expanded in September at the fastest pace in four months, bolstered by robust demand for factory goods and burgeoning inventory.
Retail Sales Unexpectedly Jump in Sign of Resilient Demand
U.S. retail sales rose unexpectedly in August as a pickup in purchases across most categories more than offset weakness at auto dealers, showing resilient consumer demand for merchandise.
US Companies Add Fewer Jobs Than Forecast, ADP Data Shows
U.S. companies added fewer jobs than expected in August, reflecting persistent hiring challenges and suggesting a slowdown in the labor market recovery.
Productivity Rose Less Than Forecast in Q2
Productivity in the U.S. took a step back in the second quarter, indicating an easing in the rapid pace of efficiency gains seen in the prior three months.
US Jobless Claims Rise as Labor Market Recovery Remains Choppy
Applications for U.S. state unemployment insurance unexpectedly rose last week but remained near the lowest levels of the pandemic as the labor market meanders toward full recovery.
US Jobless Claims Hit Four-Week High in Fresh Labor Setback
Applications for U.S. state unemployment insurance jumped to a four-week high, indicating the labor market is suffering fresh setbacks even as the coronavirus pandemic shows signs of ebbing.
US Jobless Claims Hit Four-Week High in Fresh Labor Setback
Applications for U.S. state unemployment insurance jumped to a four-week high, indicating the labor market is suffering fresh setbacks even as the coronavirus pandemic shows signs of ebbing.