Content about Labor economics

July 18, 2012
Improving housing market helps drive spending in June

The Index, which comprises four components — tax burden, initial unemployment claims, real wages and real home prices — rose to 3.22 from a reading of 3.09 the previous month.

NEW YORK — The Deloitte Consumer Spending Index continues to rise, thanks to improvements in the housing market.

July 6, 2012
June unemployment rate unchanged

According to the Employment Situation report from the Bureau of Labor Statistics, the national unemployment rate held at 8.2%. Nonfarm payroll employment continued to edge up in June, with 80,000 jobs added.

According to the Employment Situation report from the Bureau of Labor Statistics, the national unemployment rate held at 8.2%. Nonfarm payroll employment continued to edge up in June, with 80,000 jobs added.

Professional and business services added 47,000 jobs in June, while health care added 13,000 jobs and wholesale trade added 9,000 in June.

May 9, 2011
Unemployment rises back up to 9%

NEW YORK —The unemployment rate in April edged up to 9.0%, compared with 8.8% in March 2011.

Construction employment was about unchanged in April, according to Friday's report from the Bureau of Labor Statistics. This industry has shown little net movement since early 2010, after having fallen sharply during the prior three years.

Overall, the economy added 244,000 jobs in April, a higher gain than anticipated by analysts.

March 4, 2011
Unemployment rate dips to 8.9%

The unemployment rate dipped from 9.0% in January to 8.9% in February, according to data released Friday morning by the Bureau of Labor Statistics.

The unemployment rate dipped from 9.0% in January to 8.9% in February, according to data released Friday morning by the Bureau of Labor Statistics.

Construction employment grew by 33,000 in February, following a decline of 22,000 in January that may have reflected severe winter weather, according to the bureau. Within construction, specialty trade contractors accounted for the bulk of the February job gain (+28,000).

August 5, 2010
Unemployment remains flat

The U.S. unemployment rate remained unchanged for July at 9.5%, according to the U.S. Department...