June job growth tops forecasts
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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, according to a Labor Department report that underlined  a strengthening job market.
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Growth in the U.S. service sector rose unexpectedly in June, while the job market also appeared to pick up some steam, according to reports on Thursday that signaled strength in the economy.
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Stocks rose on Monday, lifted by takeover news and data showing stronger manufacturing growth in June even as price pressures eased.
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Better than expected June figures for same-store sales, following a strong May, excite investors.
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Hiring slowed in July as employers added just 113,000 new jobs, propelling the unemployment rate to a five-month high of 4.8 percent and providing fresh evidence that companies are growing cautious amid high energy prices. Wages grew solidly.
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Worker productivity rebounded in the April-June quarter, growing at the fastest pace in nearly two years, while wage pressures eased, the Labor Department reported Thursday.
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Employers added 132,000 jobs in June, fewer than in May but consistent with an economy still shaking itself out of a slump.
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Australia's economy grew faster than expected in the three months to June, fuelled by strong investment.
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Businesses added a net 111,000 jobs last month, continuing the recent trend of strong labor markets.
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Wages rose faster than expected in the June-August period but analysts say the increases are still not high enough to cause inflation worries at the Bank of England.
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NEW YORK -- The nation's factories, plants, and utilities expanded faster in June, suggesting hardy consumer spending is boosting confidence among manufacturers even as prices for raw materials rise.
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Stocks began the new quarter with a rally on Monday, boosted by a new wave of takeover activity and data showing a pickup in manufacturing activity in June.
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The nation's economic slowdown may finally be coming to an end, with both the service and manufacturing sectors showing surprising strength in June even as prices for raw materials rise.
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Manufacturing and industrial output grew faster than analysts  expected in May, official figures show.
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ITHACA -- During the next four months, job seekers looking for work in durable goods manufacturing, wholesale and retail trade, and education may have the best luck, according to the latest Manpower Employment Outlook Survey.
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IT job growth will be driven primarily by the nation's largest employers, according to new data.
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Stocks rose on Monday, boosted by takeover news and data that showed manufacturing growth quickened in June even as price pressures eased.