Strong jobs growth bodes well for economy
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U.S. employers added 132,000 jobs in June and payrolls rose more strongly than previously thought in April and May, according to a Labor Department report that underlined a strengthening job market.
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Employers added a stronger-than-expected 132,000 new jobs in June and also boosted payrolls more strongly than previously thought in April and May.
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NEW YORK, November 5  - The US economy witnessed the highest job growth in the past seven months in October this year, a monthly government data said today.
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The U.S. economy has so far managed to withstand the housing slump, and one reason is that construction crews have found other things to do.
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The U.S. economy grew at a stronger than expected pace during the final quarter of last year, boosted by robust spending and slowing inflation that more than offset the biggest decline in residential investment in 15 years, a government report on Wednesday showed.
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The number of newly laid off people signing up for jobless benefits went up last week but that didn't darken the big picture of a mostly healthy employment climate across the country.
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Massachusetts&#39; recovery picked up speed in October as an improving job market and strong consumer spending propelled the state&#39;s economy to one of its best performances
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The economy grew at its strongest pace in more than a year during the spring as international trade and business investment helped offset weakness in housing, the government said.
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The number of U.S. workers seeking jobless benefits rose by an unexpectedly steep 12,000 last week to 321,000, government data showed on Wednesday, but remained at levels pointing to a healthy labor market.
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U.S. stocks rose on Friday as a report showing stronger-than-expected job growth boosted optimism about the outlook for profits.
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The nation&#39;s economy grew at a moderately strong pace in the three months ending Sept. 30, driven by solid gains in consumer spending, the Commerce Department reported Friday.
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The number of new U.S. jobs climbed by an unexpectedly brisk 157,000 in May, while factory activity improved and consumers remained upbeat, according to data on Friday which suggested the economy was bouncing back.
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The U.S. economy grew at a stronger  than expected pace during the final quarter of last year,  boosted by robust spending and slowing inflation that more than  offset the biggest decline in residential investment in 15  years, a government report on Wednesday showed.
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The economy &#151; helped out by more brisk consumer and business spending &#151; grew at an annual rate of 3.9 percent in the third quarter, a performance that was stronger than previously thought.
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The US economy added 337,000 now jobs in October, a seven-month high and much higher than Wall Street expectations.
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The economy grew at a faster than expected annual rate during the second quarter of 2007, official data showed on Wednesday.
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U.S. economic growth during the  second quarter of the year was stronger than previously  thought, the Commerce Department reported on Wednesday, partly  because businesses built up inventories at the strongest rate  in four years.