By John Solomon
How the government's punishing of the exposure of official wrongdoing can linger for years
Consumers remained largely undaunted by the budget wars in Washington last month, with retailers reporting a 0.1 percent increase in sales after a 0.5 percent slump in March, the Census Bureau reported Monday morning.
Economic growth accelerated from near zero to a 2.5 percent rate in the winter quarter as consumers went on a spending spree, the Commerce Department reported Friday morning.
The nation's unemployment rate declined from 7.7 percent to 7.6 percent in March as more people stopped looking for work and businesses added another 88,000 jobs, the Labor Department reported Friday morning.
The nation's unemployment rate dropped to a four-year low of 7.7 percent last month as job growth accelerated to 236,000, the Labor Department reported Friday morning.
The nation's unemployment rate dropped from 7.9 percent to 7.7 percent last month — the lowest in nearly four years — as businesses added another 146,000 jobs, the Labor Department reported Friday morning.
The nation's economic growth accelerated modestly in the summer quarter, rising to a 2 percent annual rate from the sluggish 1.3 percent seen in the spring, the Commerce Department reported Friday morning.
U.S. consumers went on another shopping spree last month, driving up retail sales by a robust 1.1 percent in the second straight month of sizable gains, the Commerce Department reported Monday morning.
Consumer confidence perked up this month while home prices posted their third straight month of gains in the latest signs that the economy continues to slowly but steadily improve.
The unemployment rate last month fell to 8.1 percent from 8.3 percent as 96,000 more people found jobs and 368,000 dropped out of the labor market, the Labor Department reported Friday morning.
U.S. consumers snapped out of a spring funk last month and went on a shopping spree. That sent sales at department stores, restaurants, auto showrooms and other retailers soaring by 0.8 percent, the Census Bureau reported Tuesday morning.
The labor market improved last month after a soft spell in the spring, with businesses creating 163,000 more jobs in a wide range of occupations from health care to manufacturing, the Labor Department reported Friday.
The labor market improved last month after a soft spell in the spring, with businesses creating 163,000 more jobs in a wide range of occupations from health care to manufacturing, the Labor Department reported Friday morning.
The job market eked out another month of modest gains in June as a major slowdown engulfed the U.S. economy. Unemployment was unchanged at 8.2 percent, the Labor Department reported Friday morning.
The nation's unemployment rate edged up from 8.1 percent to 8.2 percent last month as businesses from factories to office parks pulled back on hiring, the Labor Department reported Friday morning.
The nation's unemployment rate continued its rapid decline last month, falling to 8.1 percent as another 115,000 jobs were added throughout the economy, the Labor Department reported Friday morning.
Chris Williamson, economist with Markit.com, said Wall Street will be disappointed that growth was not even stronger than 2.5 percent in the first quarter.
"The concern is that growth could weaken again in the second quarter as the economy once again sees a spring swoon," he said, though he added that the winter "upturn represents a substantial improvement on the scrape with near-stagnation" seen in the fourth quarter.
