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Tag Archives: economists

Hiring outlook improves as jobless claims drop

WASHINGTON — Fewer Americans applied for unemployment benefits last week, and a private survey showed businesses stepped up hiring in August. The data sketched a brighter outlook for the job market one day before the government reports on August employment. ...

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Economy adds 163K jobs, unemployment rate rises to 8.3 pct.

WASHINGTON — The addition of 163,000 jobs in July follows three months of sluggish hiring and shows that the U.S. economy is likely resilient enough to keep growing at a modest pace. Employers have added an average of 151,000 jobs ...

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Service firms grew at slowest pace in 2 years

WASHINGTON — U.S. service companies grew in June at the slowest pace in nearly two and a half years, more evidence that the economy has weakened. But those same firms boosted hiring last month, supporting other data that show job ...

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U.S. economy grew at modest 1.9 percent rate in 1Q of 2012

WASHINGTON — The U.S. economy expanded at a 1.9 percent annual rate in the first three months of the year, a weak pace that few economists see changing much this year. The Commerce Department on Thursday made no change in ...

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Retail sales dropped 0.2 percent in May

WASHINGTON — Americans barely increased their spending at retail businesses in April and May, constrained by weak job creation and paltry wage increases. A sharp drop in gas prices pulled down overall sales in both months by 0.2 percent, the ...

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