Stories by Christopher S. Rugaber

Thursday, Jan. 21, 2016

Falling oil prices could lead consumers to spend more later

Cheaper gasoline and heating oil are giving consumers worldwide more money that they can use to step up spending later - and perhaps energize economies in the United States, Europe and much of Asia.
By Christopher S. Rugaber

Applications for US jobless aid hit 6-month high

WASHINGTON - The number of people seeking unemployment benefits rose last week to the highest level since July, though applications remained at historically low levels.
By Christopher S. Rugaber

Friday, Jan. 8, 2016

Year-end hiring strong, though US wages slide

WASHINGTON — The U.S. economy is motoring ahead despite slowing global growth that caused upheavals in financial markets around the world this week.
By Christopher S. Rugaber

Tuesday, Dec. 8, 2015

US job openings slip in October; hiring, quits rise

US job openings slip, while hiring and quits rise in latest sign of job market health.
By Christopher S. Rugaber

Friday, Dec. 4, 2015

Another month of solid US hiring clears way for Fed hike

WASHINGTON — If the Federal Reserve needed any final evidence that the economy is ready for higher interest rates, it got it on Friday.
By Christopher S. Rugaber

Nov. jobs report: Did pay growth continue?

WASHINGTON — As the government prepares to issue the November jobs report, a key question remains unanswered: Is the U.S. job market finally healthy enough to lift Americans’ long-stagnant pay?
By Christopher S. Rugaber

Saturday, Nov. 28, 2015

Black Friday store sales fall

WASHINGTON - Black Friday shopping is shifting from hours spent in line to more time online. Sales at retail stores on Black Friday fell to $10.4 billion this year, down from $11.
By Christopher S. Rugaber

Friday, Nov. 20, 2015

Unemployment rates fall in two-thirds of US states

WASHINGTON — Unemployment rates fell in 32 U.S. states last month – including Georgia – as employers nationwide added the most jobs of any month this year.
By Christopher S. Rugaber

Friday, Nov. 6, 2015

US hiring surges in October with 271,000 jobs added

WASHINGTON — U.S. hiring swelled in October by the largest amount all year, and unemployment dropped another notch to 5 percent, making a Federal Re­serve interest-rate increase next ...
By Christopher S. Rugaber

Friday, Oct. 30, 2015

As pessimism of consumers grows, US economy shrinks

WASHINGTON — Consumers, fueled by job growth, cheaper gas and higher home values, would drive the U.S. economy through a global slump. That was the widespread hope just a few months ago. 
By Christopher S. Rugaber

Tuesday, Oct. 27, 2015

Strong sales lift US home prices 5.1 percent in August

US home prices rise 5.1 percent in August from year earlier, lifted by solid sales.
By Christopher S. Rugaber

Tuesday, Oct. 20, 2015

More than half of US states report job losses in September

Employers cut jobs in most US states in September as nationwide hiring slows.
By Christopher S. Rugaber

Thursday, Oct. 15, 2015

Applications for US unemployment aid drop to 42-year low

WASHINGTON — The number of Americans seeking unemployment aid fell last week, matching the lowest level in 42 years, strong evidence that employers remain confident enough to hold onto their staffs.
By Christopher S. Rugaber

Wednesday, Oct. 14, 2015

Economy expands at moderate pace

WASHINGTON - The Federal Reserve says steady consumer spending and an improving housing market spurred modest U.S. economic growth in the late summer, though factory output was sluggish in part ...
By Christopher S. Rugaber

Friday, Oct. 2, 2015

Cautious businesses pull back on hiring

WASHINGTON - A sagging global economy has finally caught up with the United States.
By Christopher S. Rugaber

Wednesday, Sept. 30, 2015

Survey: Lifted by solid consumer spending, US businesses added 200,000 jobs in September

WASHINGTON — Buoyed by strong consumer spending and steady home sales, U.S. businesses added jobs at a healthy pace in September, according to a private survey.
By Christopher S. Rugaber

Tuesday, Sept. 29, 2015

US home prices rise steadily in July, lifted by higher sales

US home prices rise at steady pace in July, lifted by higher sales and limited supply.
By Christopher S. Rugaber

Monday, Sept. 21, 2015

US home sales slide in August

WASHINGTON - U.S. home sales slid in August by the most since January as tight supplies and rising prices discouraged buyers.
By Christopher S. Rugaber

Friday, Sept. 18, 2015

Jobless rates fall in 29 states in August amid job gains

WASHINGTON — Unemployment rates fell in 29 states in August and held steady in 11 as hiring remained solid nationwide. Falling oil and coal prices continued to take a toll on energy-producing states.
By Christopher S. Rugaber

Wednesday, Sept. 9, 2015

As job openings climb, hiring slow to follow

Job openings soared 8 percent to 5.75 million in July, the most since records began in 2000, the Labor Department said Wednes­day. Meanwhile, total hiring slipped to just below 5 million, from ...
By Christopher S. Rugaber
 
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