Employment in the U.S. jumped by much more than expected in the month of May, according to a closely watched report released by the Labor Department on Friday. The Labor Department said non-farm payroll employment shot up by 172,000 jobs in May after surging by an upwardly revised 179,000 jobs in April.
Employment in the U.S. jumped by much more than expected in the month of May, according to a closely watched report released by the Labor Department on Friday. The report said non-farm payroll employment shot up by 172,000 jobs in May after surging by an upwardly revised 179,000 jobs in April. Economists...
U.S. nonfarm business sector productivity slowed much more than initially estimated and unit labor costs increased less than expected in the first quarter of the year, revised data from the Department of Labor showed on Thursday.
First-time claims for unemployment benefits in the U.S. unexpectedly increased in the week ended May 30th, according to a report released by the Labor Department on Thursday. The report said initial jobless claims climbed to 225,000, an increase of 13,000 from the previous week's revised level of 212,000.
First-time claims for unemployment benefits in the U.S. unexpectedly increased in the week ended May 30th, according to a report released by the Labor Department on Thursday. The report said initial jobless claims climbed to 225,000, an increase of 13,000 from the previous week's revised level of...
A report released by the Commerce Department on Wednesday showed a substantial increase in new orders for U.S. manufactured goods in the month of April. The Commerce Department said factory orders soared by 4.8 percent in April after jumping by an upwardly revised 1.8 percent in March. Economists...
The Energy Information Administration released a report on Wednesday showing a significant decrease in U.S. crude oil inventories in the week ended May 29th. The report said crude oil inventories tumbled by 8.0 million barrels last week after falling by 3.3 million barrels in the previous week. Economists...
The Institute for Supply Management released a report on Wednesday showing its reading on U.S. service sector activity increased by more than expected in the month of May. The ISM said its services PMI rose to 54.5 in May from 53.6 in April, with a reading above 50 indicating growth. Economists had expected the index to tick up to 53.7.
A report released by payroll processor ADP on Wednesday showed private sector employment in the U.S. jumped by slightly more than expected in the month of May. ADP said private employment shot up by 122,000 jobs in May after increasing by a downwardly revised 105,000 jobs in April.
A report released by payroll processor ADP on Wednesday showed private sector employment in the U.S. jumped by slightly more than expected in the month of May. ADP said private employment shot up by 122,000 jobs in May after increasing by a downwardly revised 105,000 jobs in April. Economists had...
A report released by the Commerce Department on Monday showed construction spending in the U.S. increased from a downwardly revised level in the month of April. The Commerce Department said construction spending climbed by 0.4 percent to an annual rate of $2.172 trillion in April after rising by 0.2 percent to a revised rate of $2.164 trillion in March.
Manufacturing activity in the U.S. expanded for the fifth consecutive month in May, according to a report released by the Institute for Supply Management on Monday. The ISM said its manufacturing PMI rose to 54.0 in May from 52.7 in April, with a reading above 50 indicating growth. Economists had expected the index to inch up to 53.1.
A report released by MNI Indicators on Friday showed its reading on Chicago-area business activity soared to its highest level in over four years in the month of May. MNI Indicators said its Chicago business barometer spiked to 62.7 in May from 49.2 in April, with a reading above 50 indicating growth. Economists had expected the index to rise to 51.2.
Finishing off this week's series of announcements of the results of its long-term securities auctions, the Treasury Department on Thursday revealed this month's auction of $44 billion worth of seven-year notes attracted average demand. The seven-year note auction drew a high yield of 4.290 percent...
A report released by the Energy Information Administration on Thursday showed crude oil inventories in the U.S. decreased by less than expected in the week ended May 22nd. The EIA said crude oil inventories slid by 3.3 million barrels last week after plunging by 7.9 million barrels in the previous...
June 05, 2026 16:18 ET A busy week for economic news flow saw a slew of reports being released that reflected the trends in the U.S. labor market. In Europe, economic growth and inflation data gained attention as the European Central Bank and Bank of England head for policy session later in the month. In Asia, the monetary policy session of the Indian central bank was in focus as the country, a major oil importer, reels under the pressures of a weaker rupee and rising inflation.