Economic Numbers

6:38am

Fri August 2, 2013
The Two-Way

U.S. Unemployment Sinks To 7.4 Percent; 162,000 Jobs Added In July

Originally published on Fri August 2, 2013 9:11 am

America's unemployment rate sank to 7.4 percent in July, the Bureau of Labor Statistics says. A hiring sign is seen in a store window in Alexandria, Va.
Alex Wong Getty Images

America's unemployment rate sank to 7.4 percent in July, a drop of two-tenths of a percent, the Bureau of Labor Statistics says in its monthly summary of the U.S. economic situation. But employers added 162,000 jobs last month, coming in below economists' expectations.

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7:17am

Wed July 31, 2013
The Two-Way

U.S. Economy: GDP Surprises, And Hiring Rises In July

Originally published on Wed July 31, 2013 12:51 pm

A chart shows the quarterly growth of real GDP in the United States. The U.S. economy expanded more than analysts had expected, at an annualized rate of 1.7 percent.
Bureau of Economic Analysis

The U.S. economy grew by an annualized rate of 1.7 percent in the second quarter of 2013, according to gross domestic product data released Wednesday morning. The Commerce Department says the rise stems from business investments, particularly in buildings, and an upturn in exports and the civilian aircraft industry.

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6:49am

Thu July 25, 2013
The Two-Way

Jobless Claims Rose Last Week; Key Orders Up In June

Originally published on Thu July 25, 2013 8:04 am

There were 343,000 first-time claims filed for unemployment insurance last week, the Employment and Training Administration says. That was up from an estimated 336,000 the week before.

The increase is from what had been a 10-week low. But basically, claims have been ranging between the mid-330,000s and mid-370,000s all year. Like other employment indicators, the jobless claims figures have been signalling that job growth remains modest.

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9:28am

Thu July 18, 2013
The Two-Way

Weekly Jobless Claims Fall To Lowest Level In Months

Originally published on Thu July 18, 2013 9:33 am

The number of first-time claims for unemployment insurance dropped by 24,000 last week, the Employment and Training Administration says. At 334,000, the number is at a 10-week low.

The Associated Press reports that the drop may be due to seasonal factors. The wire service adds:

"Still, the broader trend has been favorable. The four-week average, which smooths out fluctuations, fell 5,250 to 346,000.

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7:36am

Thu July 11, 2013
The Two-Way

Jobless Claims Rose Last Week

Originally published on Thu July 11, 2013 9:55 am

There were 360,000 first-time claims for unemployment benefits filed last week, up 16,000 from the week before, the Employment and Training Administration says.

The "four-week moving average," which gives a sense of the recent trend, "was 351,750, an increase of 6,000 from the previous week's revised average of 345,750."

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