U.S. job openings hit record high, skills mismatch rising U.S. job openings surged to a record high in April and employers appeared to have trouble finding suitable workers, pointing to a tightening labor market that could encourage the Federal Reserve to raise interest rates next month. The Labor Department's monthly Job […]
Chris Rupkey
U.S. services, factory data point to moderate economic growth U.S. services sector activity slowed in May as new orders tumbled, but a jump in employment to a near two-year high pointed to sustained labor market strength despite a deceleration in job growth last month. The moderation in services industries production, […]
U.S. factory activity cools slightly; trend remains bullish U.S. factory activity cools slightly; trend remains bullish:- A measure of U.S. manufacturing activity retreated from a 2-1/2-year high in March amid a decline in production and an inventory drawdown, but a surge in factory jobs indicated that the sector's energy-led recovery […]
U.S. job growth seen accelerating in January, wages strong U.S. job growth seen accelerating in January, wages strong:- U.S. job growth likely accelerated in January, with wages expected to have increased steadily, suggesting a strong start for the Trump administration as it seeks to boost the economy and employment. Nonfarm […]
U.S. consumer spending, housing data bolster economic outlook U.S. consumer spending, housing data bolster economic outlook:- U.S. consumer spending accelerated in December as households bought motor vehicles and cold weather boosted demand for utilities amid a rise in wages, pointing to sustained domestic demand that could spur economic growth in […]
