U.S. employers maintained a solid pace of hiring in May, returning employment to its pre-recession level and offering confirmation the economy has snapped back from a winter slump.
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The number of Americans filing new claims for unemployment benefits rose last week, but the underlying trend continued to point to a firming labor market.
U.S. job growth likely slowed in May and the unemployment rate probably ticked up, but not by enough to upset the view that the economy is bouncing back strongly after a winter slump.
U.S. manufacturing activity accelerated in May and construction spending rose for a third straight month in April, suggesting economic growth was regaining steam in the second quarter.
The number of Americans filing new claims for unemployment benefits fell more than expected last week, indicating the labor market was strengthening despite a run-up in applications in prior weeks.
U.S. employers hired at a brisk pace last month and ramped up the hours their workers put in on the job, the strongest signals yet the economy was breaking free of its winter doldrums.
U.S. consumer spending rose in February, in the latest sign that the economy was regaining strength after being chilled by bad weather.
U.S. economic growth was a bit faster than previously estimated in the fourth quarter, displaying underlying strength that could bolster views that the slowdown in activity early in the year would be temporary.
A growing number of Americans quitting the labor force are likely gone for good, offering a cautionary note to the Federal Reserve as it tries to gauge how tight the jobs market is and how quickly to raise interest rates.
Unemployment among U.S. military veterans eased last year, government data showed on Thursday, but remained far higher than the national average rate for the civilian population.
U.S. consumer inflation was muted in February and housing starts fell for a third straight month in February, but the weak data probably will not dissuade the Federal Reserve from dialing back its monetary stimulus.
U.S. retail sales rebounded in February and new filings for jobless benefits hit a fresh three-month low last week, suggesting the economy was regaining strength after an abrupt slowdown caused by severe weather.
The Federal Reserve is expected to start raising U.S. interest rates in the third quarter of next year as the unemployment rate falls and the economy charts a new path of stronger growth, a Reuters survey of economists showed.
U.S. job growth accelerated sharply February despite the icy weather gripping much of the nation, easing fears of an abrupt economic slowdown and keeping the Federal Reserve on track to continue reducing its monetary stimulus.
The number of Americans filing new claims for unemployment benefits fell more than expected and hit a three-month low last week -- a sign of strength in a labor market that has been hobbled by severe weather.
U.S. private employers added fewer workers than expected in February and services sector growth hit a four-year low -- the latest signs of the economic toll severe weather is taking.
U.S. factory activity rebounded last month from an eight-month low, and consumer spending increased more than expected in January, suggesting the economy is regaining some strength after abruptly slowing in recent months.
U.S. consumer spending rose more than expected January as outlays on services recorded their largest increase since late 2001, likely driven by demand for heating.
Orders for long-lasting U.S. manufactured goods (excluding transportation) unexpectedly rose last month, as did a gauge of business spending plans. However, that will probably not change views factory activity is slowing.
The number of Americans filing new claims for unemployment benefits fell last week, pointing to steadily improving labor market conditions, despite two straight months of weak hiring.
