Labor/Economy
Economy Watch: Weekly Unemployment Claims Surprise on Low Side
The U.S. Department of Labor reported a surprisingly large drop in the number of initial unemployment claims on Thursday.
Economy Watch: No Clarity From Fed on QE3
The Federal Reserve Open Market Committee recently released the minutes of its latest meeting, and in its usual opaque way, didn’t convey to investors’ satisfaction many hints of whether the central bank was ready to prime the pump of the economy again.
Economy Watch: Job Openings Edge Up, Still Lackluster
As it always does during the week after the monthly jobs report, the Bureau of Labor Statistics does a follow up called the Job Openings and Labor Turnover Summary, which it released on Tuesday. The survey’s various measurements give a picture of how much churn there is in the labor market.
Economy Watch: Consumers Pull Out Plastic in June
The Federal Reserve reported that U.S. consumers borrowed more in June than they did in May.
Economy Watch: Most Industries Create Few Jobs in June
June’s weak employment numbers (a net increase of 80,000 jobs) capped a weak quarter for U.S. job growth.
‘Economy Watch’ Podcast with Dees Stribling: The U.S. Economy Remains a Marvel
It’s got problems, but the US economy remains a marvel.
Economy Watch: Employment Growth Remains Tepid
The U.S. economy created a meager 80,000 jobs during June, according to the Bureau of Labor Statistics.
Economy Watch: IMF Warns US About Fiscal Cliff
The International Monetary Fund, through its Mission to the United States, said in a press statement that the U.S. economic recovery “remains tepid and subject to elevated downside risks.”
‘Economy Watch’ Podcast with Dees Stribling: Consumers Aren’t Confident Going into Summer
Consumers aren’t confident going into summer.