US hiring slows to 50,000 jobs in December as revisions cut prior months
The unemployment rate edged down to 4.4%, but revised payroll data pointed to a weaker late-year labor market.
By Sarah Jenkins 1 month agoSection
The unemployment rate edged down to 4.4%, but revised payroll data pointed to a weaker late-year labor market.
By Sarah Jenkins 1 month agoCalculated Risk said October housing starts were 7.8% below a year earlier, while year-to-date activity was down 0.7%.
By David L. Chen 1 month agoBritain’s May CPI undershot Reuters-polled expectations, leaving markets largely positioned for a Bank of England rate hold this w...
By David L. Chen 1 month agoConsumer inflation slowed to 1% in June, while producer prices rose 4.1%, underscoring weak household demand and cost pressure in...
By Ingrid Halvorsen 1 month agoBEA data cited by Calculated Risk showed heavy-truck sales at a 311,000 annualized rate in December, down from 336,000 in November...
By Ingrid Halvorsen 1 month agoBEA data showed December light vehicle sales up 1.9% from November, while full-year 2025 sales rose 2.4% from 2024.
By Sarah Jenkins 1 month agoWednesday’s US data slate includes private payrolls, job openings, services activity and two weeks of mortgage application figures...
By Ingrid Halvorsen 1 month agoCalculated Risk said early-reporting local markets posted a 2.5% December sales rise, though 2025 may still be among the weakest y...
By Ingrid Halvorsen 1 month agoThe ISM Services PMI reached its highest 2025 reading, with employment returning to expansion and prices easing but still elevated...
By David L. Chen 1 month agoMBA data showed lower loan application volume despite a decline in the average 30-year conforming mortgage rate to 6.25%.
By David L. Chen 1 month agoBLS data showed openings lower in November, while hires and separations were steady at 5.1 million, signaling reduced labor demand...
By David L. Chen 1 month agoInitial claims increased by 8,000 in the week ended Jan. 3, while the four-week average fell to its lowest level since April 2024.
By David L. Chen 1 month ago