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 ...Read More »
WASHINGTON — Americans bought fewer previously owned homes in March, a reminder that the housing market remains weak. The National Association of Realtors said Thursday that home sales fell 2.6 percent last month to a seasonally adjusted annual rate of ...Read More »
WASHINGTON — Americans bought more electronics, started more home improvement projects and updated their wardrobes last month, inspired by warmer weather and a healthier job market. Retail sales rose 0.8 percent in March, the Commerce Department said Monday. The gain ...Read More »
WASHINGTON — The U.S. job market slowed in March as companies hit the brakes on hiring amid uncertainty about the economy’s growth prospects. The unemployment rate dipped, but mostly because more Americans stopped looking for work. The Labor Department said ...
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ANNAPOLIS — Maryland’s unemployment rate remains at 6.5 percent, despite a sixth straight month of job growth. The state added 8,000 jobs in February, according to data released Friday by the U.S. Department of Labor. The department also revised job ...Read More »
WASHINGTON — Unemployment rates fell last month in most U.S. states, including in some hit hardest during the recession. The Labor Department said Friday that unemployment rates declined in 29 states and rose in 8. Rates were unchanged in 13 ...
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WASHINGTON — U.S. consumers boosted their spending in February by the most in seven months. But Americans’ income barely grew, and the saving rate fell to its lowest point in more than two years. The Commerce Department said Friday that ...Read More »
WASHINGTON — The number of people seeking U.S. unemployment aid fell to a four-year low last week, bolstering the view that the job market is strengthening. The Labor Department said Thursday that weekly applications dropped 5,000 to a seasonally adjusted ...
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WASHINGTON — Since the Federal Reserve’s policymakers last met in January, the job market has shown more muscle. Employers have hired more than a half million people. The unemployment rate is down. The core issue the policymakers face when they ...Read More »
NEW YORK — The Dow Jones industrial average crossed 13,000 on Tuesday for the first time since May 2008, when the Lehman Brothers investment bank was solvent, unemployment a healthy 5.4 percent and the worst of the Great Recession months ...Read More »