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Tag: Oxford Economics

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 to 11-month low as labor market remains stable

The number of Americans filing new applications for unemployment benefits fell to an 11-month low last week, pointing to a stable labor market.

Read More US weekly jobless claims fall to 11-month low as labor market remains stable
A shopper looks at frozen food in an Albertsons supermarket in Seattle, Washington, U.S. December 10, 2024. REUTERS/David Ryder/File Photo

US core capital goods orders rebound as economy eyes strong end to 2024

New orders for key U.S.-manufactured capital goods surged in November, offering more signs that the economy is on solid footing as the year ends.

Read More US core capital goods orders rebound as economy eyes strong end to 2024
A worker moves products during Cyber Monday at the Amazon's fulfillment center in Robbinsville, New Jersey, U.S., November 27, 2023. REUTERS/Mike Segar/File Photo

Sharp downgrades to US unit labor costs bode well for inflation outlook

U.S. unit labor costs grew far less than initially thought in the third quarter, pointing to a still favorable inflation outlook even though price increases have not moderated much.

Read More Sharp downgrades to US unit labor costs bode well for inflation outlook
Tourists visit the Mount Rushmore National Memorial, carved with the heads of U.S. presidents George Washington, Thomas Jefferson, Theodore Roosevelt and Abraham Lincoln, in Keystone, South Dakota, U.S. September 6, 2023. REUTERS/Jonathan Ernst/File Photo

US-based travel companies plan layoffs ahead of 2025

U.S.-based travel companies are trimming their budgets and workforce ahead of next year as falling leisure travel demand from lower-income travelers hits top-line growth.

Read More US-based travel companies plan layoffs ahead of 2025
People line up outside a Kentucky Career Center hoping to find assistance with their unemployment claim in Frankfort, Kentucky, U.S. June 18, 2020. REUTERS/Bryan Woolston/File Photo

Weekly jobless claims at five-month low; consumer spending rises solidly

The number of Americans filing new applications for unemployment benefits fell to a five-month low last week and consumer spending increased more than expected in September.

Read More Weekly jobless claims at five-month low; consumer spending rises solidly
FORT LAUDERDALE, FLORIDA - MAY 03: A Now Hiring sign is seen on May 03, 2019 in Fort Lauderdale, Florida. The Labor Department released the month of April hiring and unemployment data that showed 263,000 jobs were created last month which beat analysts expectations and dropped the unemployment rate to 3.6 percent. (Photo by Joe Raedle/Getty Images)

Unemployment Claims Increase By 33,000 To 258,000: The Highest Level In Over A Year

The number of Americans filing for unemployment benefits just jumped to its highest level in over a year, a new report revealed on Thursday. 

Read More Unemployment Claims Increase By 33,000 To 258,000: The Highest Level In Over A Year

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SpaceX and Tesla founder Elon Musk participates in a town hall-style meeting to promote early and absentee voting at Ridley High School on October 17, 2024 in Folsom, Pennsylvania. (Photo by Anna Moneymaker/Getty Images)
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