U.S. employers add just 75,000 jobs; unemployment rate stays 3.6%
The tepid job growth, along with rising pressures on the economy, makes it more likely that the Federal Reserve will cut rates in the coming months.
Economy
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GDP revised down slightly for first quarter, to still-solid 3.1% rate
The U.S. economy grew at a solid rate in the first three months of the year, but much of that gain was based on temporary factors that likely will fade, leaving growth much slower in the current quarter.
U.S. consumer confidence hits highest level since November
American consumers felt more confident this month, shrugging off a rocky stock market and heightened trade tensions between the United States and China.
U.S. adds 263K jobs as unemployment rate hits 49-year low
Friday's jobs report from the Labor Department showed that solid economic growth is still encouraging strong hiring nearly a decade into the economy's recovery from the Great Recession.
U.S. productivity shows biggest quarterly rise in four years
With the strong gain in the first quarter, productivity over the past year has grown by 2.4%, the best four-quarter gain since a 2.7% rise in 2010.
Consumer spending sees biggest monthly rise since 2009
The March gain was a marked improvement after three months of lackluster readings in the key segment of the economy.
U.S. economy defies expectations with 3.2% growth in first quarter
The advance in the gross domestic product, the broadest measure of economic health, marked the strongest first quarter growth rate since 2015.
U.S. claims for unemployment aid hit lowest level since 1969
The Labor Department on Thursday said claims for jobless aid fell by 5,000 last week, to 192,000, lowest since September 1969.
Community foundation’s new mission: helping the marginalized thrive
The Central Indiana Community Foundation’s new five-year plan focuses on making Indianapolis a more inclusive city, a goal it hopes to achieve partly by training 5,000 community leaders and residents about institutional racism.
Hiring rebounds as U.S. employers add 196,000 March jobs
The employment figures reported Friday by the government suggest that February’s anemic job growth figure was merely a temporary blip and that businesses are confident the economy remains on a firm footing.
Applications for U.S. unemployment aid fall to 49-year low
Applications are a proxy for layoffs, so the drop to such a low number indicates that companies are cutting very few workers.
U.S. consumer spending misses forecasts as inflation eases
The spending figures, which reflected weaker sales of new autos, signal first-quarter growth faces additional headwinds, though surveys show consumers remain generally upbeat.
U.S. economic growth for Q4 revised down to 2.2 percent
Consumer spending, business investment, government spending and housing all came in lower than first thought.
Trump says tariffs will stay until China complies with deal
The president’s comments dim hopes that round-the-clock trade negotiations between the world’s two biggest economies could lead to them removing the roughly $360 billion in tariffs they’ve imposed on each other’s imports.
Hot U.S. job market coaxing people in from sidelines
A surprisingly strong burst of job growth over the past year has led many economists to wonder: Where are all the workers coming from?
Hot U.S. job market coaxing people in from sidelines
A surprisingly strong burst of job growth over the past year has led many economists to wonder: Where are all the workers coming from?
U.S. economic growth slows to 2.6 percent rate
The current expansion, now in its 10th year, is the second longest in U.S. history. But it has featured the weakest annual growth rates of any recovery in the post-World War II period.
Fed’s Powell predicts solid but slower growth in 2019
In delivering the Fed’s semiannual monetary report to Congress, Powell said the Fed will be “patient” in determining when to boost its benchmark policy rate in light of the various “crosscurrents and conflicting signals.”
Business economist group sees recession likely by 2021
Roughly half of the member economists in the National Association for Business Economics say they think the U.S. economy will slip into recession by the end of next year.
U.S. employers add robust 304K jobs as expansion hits record length
U.S. employers shrugged off last month's partial government shutdown and engaged in a burst of hiring in January.