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Tag Archives: job growth

Economists: Job growth on track, so who gets credit?

Anirban Basu speaks Friday at the Maryland Association of Counties annual meeting in Ocean City. (The Daily Record / Bryan P. Sears)

Judging by President’s Trump Twitter account, it would be easy to believe the jobs situation and the U.S. economy have never been better. “Excellent job numbers just released – and I have only just begun,” he tweeted about the July ...

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Applications for unemployment aid up slightly

WASHINGTON — The number of people seeking unemployment benefits rose a slight 4,000 last week to a seasonally adjusted 372,000, evidence that the job market’s recovery remains modest and uneven. The Labor Department said Thursday that the four-week average, a ...

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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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Americans spending a bit more as gas prices fall

WASHINGTON (AP) — Americans are starting to see some relief from higher gas prices, a change that could revive the economy in the months ahead. Consumer prices were flat in April, largely because of a decline in gas prices. Lower ...

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Hiring slows sharply in April, just 115K jobs added

WASHINGTON — U.S. employers pulled back on hiring in April for the second straight month, evidence of an economy still growing only sluggishly. The unemployment rate dipped, but only because more people gave up looking for work. The Labor Department ...

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