US jobless claim rise 351,000 in surprise jump

  • September 23, 2021
  • no comment
  • realestate

The Labor Department said Thursday that 351,000 Americans filed for first-time unemployment benefits in the week ended Sept. 18. Analysts were expecting 320,00 new filings.

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Homebuilding rebounds in August

  • September 21, 2021
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  • realestate

Housing starts rose 3.9% last month to a seasonally adjusted annualized rate of 1.615 million, the Commerce Department said Tuesday. Analysts were expecting 1.555 million starts.

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Retail sales unexpectedly rise as back-to-school shopping provides lift

  • September 16, 2021
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  • realestate

Retail sales, a measure of spending at restaurants, stores and online, last month rose 0.7%, according to the Commerce Department. Analysts expected a 0.8% decline.

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Consumer prices rise 5.3% annually in August

  • September 14, 2021
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  • realestate

The Labor Department said Tuesday that the consumer price index rose 5.3% year over year last month, matching economists’ expectations. Prices increased 0.3% month over month, slower than the 0.4% gain that was anticipated.

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Initial jobless claims dip to pandemic-era low

  • September 9, 2021
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  • realestate

The Labor Department said Thursday that 310,000 Americans filed for first-time unemployment benefits. Analysts were expecting 335,000 new filings.

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Stocks slip as economic growth concerns linger

  • September 8, 2021
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  • realestate

U.S. stock averages fell as investors grow more worried about a forthcoming economic slowdown. The number of unfilled jobs hit a record 10.9 million, this as the Federal Reserve’s Beige Book, a regional snapshot of the economy, showed growth slowed across several regions amid rising inflation.

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Job openings hit 10.9 million, fifth straight record high

  • September 8, 2021
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  • realestate

The number of job openings in the U.S. hit a record high for a fifth straight month in July as employers continued to have difficulty finding workers.

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Dow falls 200 points on economic growth concerns

  • September 7, 2021
  • no comment
  • realestate

U.S. stocks kicked off early trading on a down note with all three of the major stock averages falling in early trading. Investors returning to the market following the long holiday weekend turned their attention to the possibility of a slowing economy as firms dial down growth estimates for GDP.

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US hiring slows sharply in August as delta variant stunts job gains

  • September 3, 2021
  • no comment
  • realestate

Nonfarm payrolls increased by 235,000 workers in August as the unemployment rate fell to 5.2%, the Labor Department said Friday. Analysts surveyed by Refintiv had expected the addition of 728,000 jobs and the unemployment rate to fall to 5.2%. The job gains in the July report were revised higher by 110,000 to 1.053 million.

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Jobless claims fall to pandemic-era low as extra payments set to expire

  • September 2, 2021
  • no comment
  • realestate

The Labor Department said Thursday that 340,000 Americans filed for first-time jobless benefits in the week ended Aug. 28, down 14,000 from the prior week. The reading was the lowest since March 14, 2020.

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