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Tag: Labor Department

A "now hiring" sign is displayed outside Taylor Party and Equipment Rentals in Somerville, Massachusetts, U.S., September 1, 2022. REUTERS/Brian Snyder/File Photo

US job growth accelerates in December; wage gains solid

U.S. employers hired more workers than expected in December while raising wages at a solid clip.

Read More US job growth accelerates in December; wage gains solid
A person picks out clothing in a store as retailers compete to attract shoppers and try to maintain margins on Black Friday, one of the busiest shopping days of the year, at Woodbury Common Premium Outlets in Central Valley, New York, U.S. November 24, 2023. REUTERS/Vincent Alban/File Photo

US retail sales beat expectations; weekly jobless claims fall

U.S. retail sales unexpectedly rose in November as the holiday shopping season got off to a brisk start amid deep discounting.

Read More US retail sales beat expectations; weekly jobless claims fall
FILE PHOTO: An employee hiring sign with a QR code is seen in a window of a business in Arlington, Virginia, U.S., April 7, 2023. REUTERS/Elizabeth Frantz

US labor market shows strength amid surge in payrolls gains

U.S. job growth accelerated in November while the unemployment rate fell to 3.7%.

Read More US labor market shows strength amid surge in payrolls gains
A sign advertising job openings is seen outside of a Starbucks in Manhattan, New York City, New York, U.S., May 26, 2021. REUTERS/Andrew Kelly/File Photo

US weekly jobless claims increase moderately

The number of Americans filing new claims for unemployment benefits increased moderately last week, suggesting that the labor market was gradually losing momentum.

Read More US weekly jobless claims increase moderately
A "now hiring" sign is displayed outside Taylor Party and Equipment Rentals in Somerville, Massachusetts, U.S., September 1, 2022. REUTERS/Brian Snyder/File Photo

US job openings hit more than 2-1/2-year low as labor market cools

U.S. job openings fell to more than a 2-1/2-year low in October, the strongest sign yet that higher interest rates were dampening demand for workers.

Read More US job openings hit more than 2-1/2-year low as labor market cools
Signage for a job fair is seen on 5th Avenue after the release of the jobs report in Manhattan, New York City, U.S., September 3, 2021. REUTERS/Andrew Kelly/File Photo

US weekly jobless claims fall; business spending on equipment softening

Weekly jobless claims fell more than expected, but the U.S. labor market slowdown, driven by higher interest rates and economic concerns, continues to worry big money managers.

Read More US weekly jobless claims fall; business spending on equipment softening

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