The number of new jobless claims inched up again for the third week in a row, hitting 362,000 for the week ending Sept. 25, up 11,000 over the previous week’s unrevised 351,000, according to the Thursday (Sept. 30) report from the Bureau of Labor Statistics (BLS). Get...
U.S. consumer confidence has continued falling for the second month in a row due to inflation concerns as well as the persisting delta variant of COVID-19, according to a press release from The Conference Board regarding its Consumer Confidence Index. Get the Full Story Complete...
Estimated new jobless claims were 351,000 for the week ending Sept. 18, an increase of 16,000 over the previous week’s level, revised up by 3,000 to 335,000, according to the Thursday (Sept. 23) unemployment report from the Bureau of Labor Statistics. Get the Full Story...
Preliminary results in the University of Michigan’s monthly consumer sentiment survey shows the index dropping 11.7% (80.4 to 71.0) compared to the same time a year ago, but up about 1% from August (70.3), according to a university announcement on Friday (Sept. 17). Get the...
For the week ending Sept. 11, new jobless claims were up 20,000 to 332,000 from the previous week’s level, which was revised up by 2,000 to 312,000, according to the weekly report from the Bureau of Labor Statistics on Thursday (Sept. 16). Get the Full...
New jobless claims for the week ending Sept. 4 dropped 35,000 to 310,000, the lowest level since March 14, 2020’s pre-pandemic rate of 256,000, the Bureau of Labor and Statistics reported on Thursday (Sept. 9). The week prior was revised up by 5,000 to 345,000....
Economists at Goldman Sachs slashed U.S. GDP forecasts for the second time in a month following a weak jobs report on Friday (Sept. 3) and the increasing spread of the delta variant, Forexlive, Bloomberg and other news outlets reported. Get the Full Story Complete the form to...
There was a time not long ago when a shopping trip could take up a consumer’s entire day. They would have scheduled a block of time on their calendar, preferably on the weekend, when they could go to one or several stores and get their...
President Joe Biden on Friday (Sept. 3) pinned the lackluster August jobs report — which showed 235,000 new nonfarm jobs added in the month, according to the U.S. Labor Department — on the continued spread of the delta variant and Americans who aren’t yet vaccinated....
