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Nonfarmpayroll-090415.jpg While the Labor Department released a report on Friday showing much weaker than expected U.S. job growth in the month of August, the unemployment rate still fell to a new seven-year low. The Labor Department said non-farm payroll employment climbed by 173,000 jobs in August.

While the Labor Department released a report on Friday showing much weaker than expected U.S. job growth in the month of August, the unemployment rate still fell to a new seven-year low.

Jeffrey Lacker, president of the Richmond Fed, wants to raise interest rates no matter what the August jobs report tells us. "I am not arguing that the economy is perfect, but nor is it on the ropes, requiring zero interest rates to get it back into the ring," Lacker said in a speech in Richmond Friday...

ISMNon-Manufacturing-090315.jpg After reporting a substantial acceleration in the pace of U.S. service sector growth in the previous month, the Institute for Supply Management released a report on Thursday showing a modest slowdown in the pace of growth in August.

Tradebalance-090315.jpg With the value of exports rising and the value of imports falling, the Commerce Department released a report on Thursday showing a notably narrower U.S. trade deficit in the month of July. The report said the trade deficit narrowed to $41.9 billion in July from a revised $45.2 billion in June.

Joblesslclaims-090315.jpg A day ahead of tomorrow's monthly jobs report, the Labor Department released a report on Thursday showing that first-time claims for U.S. unemployment benefits rose more than expected in the week ended August 29th.

With the value of exports rising and the value of imports falling, the Commerce Department released a report on Thursday showing a notably narrower U.S. trade deficit in the month of July.

A day ahead of tomorrow's monthly jobs report, the Labor Department released a report on Thursday showing that first-time claims for U.S. unemployment benefits rose more than expected in the week ended August 29th.

IMF-090315.jpg The International Monetary Fund said strong mutual policy action is needed to lift growth, as transition in China and lower commodity prices pose downside risks to global economic outlook. "Risks are tilted to the downside, and a simultaneous realization of some of these risks would imply a much weaker outlook," the lender said in a note prepared ahead of the G-20 finance ministers meeting.

In another sign that the jobs market is improving, the Federal Reserve's Beige Book has reported increased wage pressures in a number of districts around the U.S. "Several" of the 12 district banks "reported increasing wage pressures caused by labor market tightening," according to the Beige Book,...

Factoryorders-090215.jpg Partly reflecting a decrease in orders for non-durable goods, the Commerce Department released a report on Wednesday showing that new orders for U.S. manufactured goods rose much less than expected in the month of July.

nonfarmproductivity-090215.jpg Labor productivity in the U.S. jumped by much more than previously estimated in the second quarter, the Labor Department revealed in a report on Wednesday. The report said labor productivity surged up by 3.3 percent in the second quarter.

ADPdata-090215.jpg Employment in the U.S. private sector saw a notable increase in the month of August, according to a report released by payroll processor ADP on Wednesday, although the pace of job growth fell short of economist estimates.

Labor productivity in the U.S. jumped by much more than previously estimated in the second quarter, the Labor Department revealed in a report on Wednesday.

Employment in the U.S. private sector saw a notable increase in the month of August, according to a report released by payroll processor ADP on Wednesday, although the pace of job growth fell short of economist estimates.

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