Economy

Economy
Insured Unemployment Drops by 42,000 After Hitting 3-Year High
January 30, 2025

Initial claims for unemployment benefits fell more than expected last week, while the insured unemployment number dropped by 42,000 after hitting a three-year high. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content —...

Economy
Concern About Labor Market Conditions Drives Decline in Consumer Confidence
January 28, 2025

Consumer confidence declined in January but remained within the narrow range it has been in since 2022, The Conference Board said Tuesday (Jan. 28). Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content —...

Economy
Number of Americans Receiving Unemployment Insurance Reaches 3-Year High
January 23, 2025

New unemployment insurance data reportedly suggests that the labor market remains solid but that workers who do get laid off are having a harder time finding a new job. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access...

Economy
Report: Job Market ‘Healthy’ Despite Higher-Than-Expected Unemployment Claims
January 16, 2025

Jobless claims reportedly rose more than expected last week, but media reports said these numbers are typically volatile at the beginning of a new year. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content...

Economy
Food Prices Continue to Climb, Adding to Consumers’ Budget-Balancing Act
January 15, 2025

The Bureau of Labor Statistics has given its latest reading on inflation, and the data released Wednesday (Jan. 15) notes the prices consumers pay (as measured by the Consumer Price Index) for many of life’s essentials continue to rise, which translates into increased pressure on...

Economy
December Sees 1.5% Rise in Business Applications, Signaling Cautious Optimism
January 10, 2025

It takes no small measure of optimism to launch a business. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins required. yesSubscribe to our daily newsletter, PYMNTS Today. By completing...

Economy
Will December’s Job Bounce Get Consumers to Keep Spending?
January 10, 2025

For the jobs market, this is the way the year ends — not with a whimper but a bang. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins required. yesSubscribe...

Economy
Latest Inventory Data Offers Mixed Signals for Merchants
January 09, 2025

The latest government data on inventories moving through the channels offered up mixed signals for merchants, particularly for nondiscretionary items — or at least that was the case moving into the holiday season. Get the Full Story Complete the form to unlock this article and enjoy...

Economy
ADP: Wage Growth Hits Three-Year Low as Labor Market ‘Downshifts’
January 08, 2025

America’s employment picture ended the year on a down note, ADP’s latest findings show. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins required. yesSubscribe to our daily newsletter, PYMNTS...