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U.S. 1st Quarter Growth Revised Lower on Weak Consumer Spending
U.S. economic growth slowed slightly more than previously thought in the first quarter as consumer spending rose at its weakest pace in nearly five years, but activity is already accelerating against the backdrop of a tightening labor market and tax cuts...
2018-05-31 03:01:00 UTC+00
17080
GDP,
Unemployment
Optimistic ‘Beige Book’ Report Keeps Fed on Track for June Rate Increase
The Federal Reserve said the U.S. economy expanded “moderately” from late April to early May in its most recent assessment.Majority of the Fed's regional districts reported moderate economic growth during the period, the U...
2018-05-31 01:21:00 UTC+00
14170
Policy,
World Economy,
Industry,
Unemployment
U.S. Home Sales Sharply Fell in April; Job Market Strengthens
U.S. homes sales slumped in April as an acute shortage of properties limited choices for potential buyers, the latest indication that the housing market was struggling to regain momentum...
2018-05-27 22:39:00 UTC+00
16330
Industry,
Unemployment
U.S. Labor Market Continues to Tighten
New applications for U.S. jobless benefits increased more than expected last week, but the number of people continuing to collect unemployment benefits fell to 1...
2018-05-18 01:31:00 UTC+00
16360
Unemployment
Jobs Surge Points to Stronger UK Economy
British employers hired many more workers than expected in early 2018, a tentative sign that the economy's weak start to the year may be temporary, as the Bank of England hopes...
2018-05-16 06:38:00 UTC+00
17485
Unemployment,
UK
Canadian Economy Suddenly Shed Jobs in April
The Canadian economy surprisingly shed jobs in April on the back of a decline in part-time positions, supporting wagers that the Bank of Canada will hold interest rates steady when its policymakers meet later this month...
2018-05-14 00:58:00 UTC+00
20785
Unemployment
U.S. Payrolls Rise, Jobless Rate Drops in April
U.S. hiring bounced back in April and the jobless rate fell below four percent for the first time since 2000, while wage gains cooled in an indication that the labor market is not yet tight enough to fuel inflation...
2018-05-07 00:54:00 UTC+00
19630
Unemployment
Japan Factory Output Grew in March, Inventories Build Up
Japan's industrial output grew in March, government data showed. However, a huge rise in inventories of electronic parts imply that manufacturers may have to reduce production, which could weigh on economic expansion...
2018-04-27 05:15:00 UTC+00
19450
Unemployment,
Industrial production,
Japan
U.S. Business Investment Cools; Labor Market Remains Strong
New orders for key U.S.-made capital goods dropped in March, pulled down by the biggest decline in demand for machinery in almost two years, and a fall in shipments implies that business spending on equipment cooled in the first quarter...
2018-04-27 01:48:00 UTC+00
19135
World Economy,
Business,
Unemployment
Australia Unemployment Rate Steady in March
Australian employment barely increased in March while a sharp downward revision to February stopped a record-breaking run of gains, a disappointing outcome that hurt the local dollar and reinforced the case against a rate hike...
2018-04-20 01:25:00 UTC+00
12355
Unemployment
U.S. Weekly Jobless Claims Drop; Import Prices Remain Flat
New applications for U.S. unemployment benefits dropped last week, pointing to sustained labor market strength despite a significant slowdown in job growth in March...
2018-04-13 02:49:00 UTC+00
21835
Unemployment
U.S. Economy Adds Biggest Number of Jobs in Over 1-½ Years in February
The US added 313,000 new jobs in February – the strongest gain since July 2016 – while the jobless rate remained steady at 4.1 percent. However, a slowdown in wage growth pointed to only a gradual rise in inflation in 2018...
2018-03-12 01:04:00 UTC+00
31315
World Economy,
Unemployment
Canada Adds New Jobs in February, but Wage Growth Decelerates
The Canadian economy added 15,400 jobs in February following a big loss in January but full-time positions contracted and wage growth decelerated, prompting analysts to predict the Bank of Canada will be in no rush to hike rates...
2018-03-12 00:53:00 UTC+00
37240
Unemployment
U.S. Unemployment Claims Rebounds from 48-Year Low
The number of Americans filing for jobless benefits rebounded last week from a more than 48-year low, but the trend continued to point to robust labor market conditions...
2018-03-09 02:24:00 UTC+00
27385
Unemployment
U.S. Inflation Increased in January
U.S. consumer prices rose in January, with a gauge of underlying inflation marking its largest gain in 12 months, supporting views that price pressures will pick up this year...
2018-03-02 02:25:00 UTC+00
18955
World Economy,
Forex,
Unemployment,
Inflation
U.S. Unemployment Claims Near 45-Year Lows Amid Upbeat Economic Outlook
The number of Americans filing for unemployment benefits dropped to a near 45-year low last week, pointing to strong job growth in February and strong momentum in the economy...
2018-02-23 05:39:00 UTC+00
20425
World Economy,
Unemployment
UK Wage Growth Steady, Unemployment Rate Rises
Rising employment in the UK may finally be leading to quicker wage growth, according to the latest labour market figures released. However, Britain's unemployment rate increased for the first time in nearly two years at the end of 2017...
2018-02-22 02:55:00 UTC+00
18595
Unemployment,
UK
U.S. Producer Prices Increased in January
U.S. producer prices grew in January, lifted by solid gains in the cost of gasoline and healthcare, offering more evidence that inflation pressures were building up...
2018-02-16 01:56:00 UTC+00
20740
World Economy,
Unemployment,
Industrial production,
Inflation
Australia Unemployment Slightly Lower in January
Australia's headline jobless rate slipped in January as female participation in the country's labour force notched a record peak.The country's unemployment rate for January stood at 5...
2018-02-15 05:25:00 UTC+00
21475
Unemployment
U.S. Labor Market Strengthens Further in January
The U.S. labor market continued to gather momentum in January, as employers added more jobs than anticipated and wage growth clocked in at its strongest level in over eight years...
2018-02-04 23:09:00 UTC+00
16930
World Economy,
Unemployment
Eurozone Unemployment Rate Steady at 9-Year Low
The eurozone jobless rate was steady at 8.7 percent in December, remaining at its lowest level since January 2009.Although the unemployment rate remains highest in Greece, the Hellenic Republic has seen the largest drop over the past year...
2018-02-01 05:32:00 UTC+00
24415
Eurozone,
Unemployment
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