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Tag Archives: Labor Department

Consumer prices up because of higher gas costs

WASHINGTON — A sharp jump in gasoline prices drove a measure of U.S. consumer costs up in February. But outside higher pump prices, inflation stayed mild. The Labor Department said Friday that the consumer price index rose 0.4 percent in ...

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Fewer seek U.S. unemployment aid, tying a 4-year low

WASHINGTON — Fewer people sought U.S. unemployment benefits last week, adding to signs that the job market is strengthening. Applications for unemployment aid dropped 14,000 to a seasonally adjusted 351,000, the Labor Department said Thursday. That matches a four-year low ...

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U.S. trade deficit grew to 3-year high in January

WASHINGTON — The U.S. trade deficit surged in January to the widest imbalance in more than three years after imports grew faster than exports. Rising oil prices helped drive imports to a record high, as did stronger demand for foreign-made ...

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Economy adds 227K jobs, jobless rate unchanged

WASHINGTON — The United States added 227,000 jobs in February, again surprising economists with the breadth and brawn of the economic recovery. The country has put together the strongest three months of pure job growth since the Great Recession. The ...

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U.S. unemployment applications hover near low levels

WASHINGTON — Slightly more Americans applied for unemployment benefits last week. But the overall level stayed low enough to suggest the job market is strengthening. The Labor Department said Thursday that weekly applications increased by 8,000 to a seasonally adjusted ...

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Slower gains in worker output could lead to hiring

WASHINGTON — U.S. companies will have to keep hiring steadily to meet their customers’ rising demand. That’s the message that emerged Wednesday from a report that employers are finding it harder to squeeze more output from their existing staff. Worker ...

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Unemployment applications dip to a 4-year low

WASHINGTON — The number of people seeking unemployment benefits fell slightly last week to the lowest point in four years, a further sign that the U.S. job market is improving. A seasonally adjusted 351,000 people sought unemployment aid, down from ...

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Consumer prices up as gas, clothing costs rise

WASHINGTON — Consumer prices rose modestly in January on higher costs for food, gas, rent and clothing. But economists downplayed the increase, saying inflation will likely ease in the coming months as prices for raw materials level off. Separately, a ...

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