Bureau of Labor Statistics
Economy Watch Weekly: Unemployment Rate Hits 20-Year Low
The U.S. economy experienced below-average job growth in May, adding only 138,000 jobs compared to the average of 181,000, according to the U.S. Census Bureau. However, the unemployment rate reached a new low of 4.3 percent for the month. Economy Editor Dees Stribling has the details on the latest jobs report.
Economy Watch: Job Growth Tepid in May
The U.S. economy saw below-average job growth for the month, adding only 138,000 jobs, the Bureau of Labor Statistics reported. However, segments of the economy that affect commercial space absorption still had reasonably good job creation.
Economy Watch: State Unemployment Rates Reach New Lows
Jobless rates were lower in April than in March in 10 states, stable in 39 states and D.C., and higher in only one state, according to the Bureau of Labor Statistics. Colorado’s unemployment rate of 2.3 percent is the lowest rate since the BLS began reporting these numbers in 1976.
Economy Watch Weekly: Retail Sales, Inflation Rise in April
The U.S. economy saw a boost in retail sales and the consumer price index in April, which could increase the chances of the Federal Open Market Committee deciding to raise interest rates at its June meeting.
Economy Watch: Inflation Edges Up in April
The Consumer Price Index increased 0.2 percent for the month, according to the Bureau of Labor Statistics. While it’s not the only metric the Federal Open Market Committee considers, the increase could increase the odds that interest rates will rise next month.
Economy Watch Weekly: Job Creation Rebounds in April
The U.S. economy created 211,000 jobs in April, a nice improvement from the mere 79,000 jobs created the month before. Economy Editor Dees Stribling breaks down the job growth by sector.
Economy Watch: Economy Gains 211K Jobs in April
This month’s job growth was a nice change from the mere 79,000 jobs created in March, according to the Bureau of Labor Statistics. The headline unemployment rate also dropped to 4.4 percent in April, reflecting the continual tightening of the labor market.
Economy Watch: Construction Employment, Costs Pushing Upward
The March construction unemployment rate was the lowest on record, matching the 8.4 percent rate in March 2001, according to Markstein Advisors Chief Economist Bernard Markstein, who conducted the analysis for Associated Builders and Contractors.
Economy Watch Weekly: March’s Modest Job Growth
With the U.S. economy adding just 98,000 jobs in March and the unemployment rate declining to 4.5 percent, signs of tightening labor market seem apparent. But which sectors are facing the most challenges?
Economy Watch: Higher Wages, More Borrowing Bode Well for Economy
The latest jobs and wage growth numbers seem to point to the U.S. economy’s continued growth, supported by a boost in consumers’ borrowing activity, according to the Bureau of Labor Statistics and the Federal Reserve.