| Jun 12, 2014
| 3:32 PM
Retail sales in May fell short of estimates but still pointed to an economy making slow progress.
Sales rose a modest 0.3% last month from April, according to the Commerce Department. That was only half of the 0.6% gain that economists projected....
| May 4, 2014
| 2:30 AM
WASHINGTON -- On the surface, the news that the nation's unemployment rate dropped last month from 6.7 to 6.3 percent would seem to be cause to conclude that the American economy is finally recovering from the Great Recession of 2008. Instead, the...
| Mar 21, 2014
Pennsylvanians watching the NCAA tournament may want to put down their basketball brackets and pick up their political brackets this weekend. It’s campaign season, too. The run-up to the May 20 gubernatorial primary election heated up this weekend...
| Mar 13, 2014
| 6:32 AM
WASHINGTON -- Initial jobless claims unexpectedly fell last week to 315,000, the lowest level since November, as the labor market showed signs of emerging from a winter chill.
The number of first-time claims for unemployment benefits was down from 324,...
| Mar 20, 2014
| 6:02 AM
WASHINGTON -- Initial jobless claims rose a bit to 320,000 last week, but remained low as the effects of severe winter weather continued to ease, according to Labor Department data released Thursday.
The number of people filing for first-time...
| May 2, 2014
| 6:02 AM
Hiring surprisingly surged last month as the economy added 288,000 net new jobs -- the best performance in more than two years -- and the unemployment rate dropped to 6.3%, its lowest level since September 2008, the Labor Department said Friday.
| Feb 13, 2014
| 6:09 AM
WASHINGTON -- Initial jobless claims rose last week, but remained at a level consistent with moderate labor market growth amid mixed signals recently about the strength of the economic recovery.
About 339,000 people applied for first-time unemployment...
| Apr 30, 2014
| 5:54 AM
Companies accelerated their hiring this month as the private sector added 220,000 net new jobs in a sign the labor market's winter doldrums are over, according to a report Wednesday from Automatic Data Processing.
The payroll firm also revised its March...
| Feb 6, 2014
| 6:38 AM
WASHINGTON -- In a positive sign heading into Friday's unemployment report, initial jobless claims dropped sharply last week, offsetting a surprising jump the previous week.
There were 331,000 people who applied for first-time unemployment benefits in...
| Apr 4, 2014
| 6:13 AM
WASHINGTON -- The U.S. economy added a fairly solid number of new jobs in March as employers reverted to their average pace of hiring after the unusually harsh winter weather.
The Labor Department said Friday that the economy created a net 192,000 new...
| Feb 7, 2014
| 6:01 AM
WASHINGTON -- Job growth was sluggish in January for the second straight month, the government said Friday in a report likely to heighten concerns that the economy and labor market recovery may be faltering again.
The report could also give the...