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Tag: Federal Reserve
Job gains signal US doing better than GDP shows
By Agencies Job Market Trend Report
US economy
,
US Unemployment
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General Electric
,
Federal Reserve
,
US Jobless
Key US economic indicators – such as tax receipts, consumer confidence, as well as auto and home sales – are confirming the improvement in the labour market, but GDP seems to be overstating the weakness in output
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US jobless claims rise modestly in latest week
By Agencies Job Market Trend Report
US economy
,
US Unemployment
,
Federal Reserve
,
Ben Bernanke
,
US Jobless Claims
In a sign the US labour market continues to improve at a moderate pace amid this year’s tax hikes and federal budget cuts, initial claims for state unemployment benefits increased by 7,000 to a seasonally adjusted 343,000
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Fed sees US jobless rate at 6.5pc by end-2014
By Agencies Job Market Trend Report
Federal Reserve
,
Interest rate
,
US economy
,
Inflation
,
US unemployment rate
Jobless rate may hit 6.8pc to 6.5pc threshold by end-2014, prompting the Fed to raise the benchmark lending rate, possibly in 2015 or later
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US jobless claims up, but job growth steady
By Agencies Job Market Trend Report
US economy
,
Federal Reserve
,
US unemployment rate
,
US jobless claim
,
Ben Bernanke
Weekly US jobless claims increase by 18,000 to 354,000 against 340,000 expectation, while four-week average of claims rise 2,500 based on survey week for June nonfarm payrolls
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