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Sales of US existing homes slip to 19-month low

Sales of US existing homes slip to 19-month low

Sales of U.S. existing homes slipped in February to their lowest level since July 2012 as severe winter weather, rising prices and a tight supply of homes discouraged buyers.

March 24, 2014 10:00 am

U.S. producer prices dip 0.1 percent in February

WASHINGTON | The prices companies receive for their goods and services fell slightly in February, the latest sign that inflation is tame.

March 14, 2014 2:11 pm

Delayed Sept. U.S. jobs report to be issued Tuesday

WASHINGTON | After a 2 ½ -week delay, the government on Tuesday will issue the September employment report, providing a snapshot of the job market's health before the 16-day partial government shutdown.

October 21, 2013 4:08 pm

Computer upgrades cut US jobless claims to 292K

WASHINGTON | The number of Americans seeking unemployment benefits plummeted last week 31,000 to a seasonally adjusted 292,000. But the drop was mostly because of technical issues in two states that delayed the processing of applications.

September 12, 2013 4:55 pm

U.S. budget deficit shrinks 35% from last year

WASHINGTON | The U.S. government posted a narrower budget deficit in August compared with a year ago, keeping the annual gap on track to be the smallest in five years.

September 12, 2013 4:50 pm

Women regain more jobs than men in economic turnaround

WASHINGTON | The slowly recovering U.S. job market has helped women rebound faster than men: They've now regained all the jobs they lost to the Great Recession. Men are still 2.1 million jobs short.

September 12, 2013 4:39 pm

U.S. builders broke ground on more homes in July

WASHINGTON | U.S. developers broke ground on homes at a faster pace in July. But the rise was all due to apartment construction, which is typically volatile. By contrast, builders began work on fewer single-family homes — the bulk of the market — and sought fewer permits to build them.

August 16, 2013 4:54 pm

US economy adds 195K jobs; unemployment 7.6 pct.

WASHINGTON | U.S. employers are sending a message of confidence in the economy — hiring more workers, raising pay and making the job market appear strong enough for the Federal Reserve to slow its bond purchases as early as September.

July 05, 2013 3:45 pm

More Americans quit jobs, a sign of confidence

WASHINGTON | More Americans are quitting their jobs, suggesting many are growing more confident in the job market.

June 11, 2013 3:33 pm

AP survey: Economists see no stock market bubble

WASHINGTON | A debate is raging among investors and analysts: Has the Federal Reserve inflated a stock market bubble by driving interest rates to record lows?

June 06, 2013 4:57 pm

U.S. consumer prices drop 0.2 pct on cheaper gas

WASHINGTON | U.S. consumer prices declined last month as the cost of gas fell sharply and food prices were unchanged. The tame reading is the latest evidence that the sluggish economy is keeping inflation in check.

April 16, 2013 3:47 pm

US gains 157,000 jobs; jobless rate rises to 7.9 %.

WASHINGTON | The U.S. job market is proving sturdier than expected at a time when the economy is under pressure from Washington gridlock and the threat of government spending cuts.

February 01, 2013 4:19 pm

Political brinksmanship still threatens U.S. economy

WASHINGTON | Even after U.S. lawmakers avoided the so-called fiscal cliff, higher taxes and brinksmanship in Washington are likely to continue damaging the fragile economy well into 2013.

January 01, 2013 7:00 pm

US home prices rise in October from previous year

WASHINGTON | U.S. home prices rose in most major cities in October compared with a year ago, pushed up by rising sales and a decline in the supply of available homes. Higher prices show the housing market is improving even as it moves into the more dormant fall and winter sales period.

December 27, 2012 12:00 am

The economy Obama faces: slow but gaining steadily

WASHINGTON | Some reward.

November 06, 2012 10:17 pm
U.S. adds 171,000 jobs; unemployment inches up to 7.9 percent

U.S. adds 171,000 jobs; unemployment inches up to 7.9 percent

WASHINGTON | The United States added a solid 171,000 jobs in October, and more than a half-million Americans joined the workforce, the latest signs that the uneven economic recovery is gaining strength once again.

November 02, 2012 7:49 pm

Consumers give U.S. economy a lift before election

WASHINGTON | A flurry of reports Thursday showed that U.S. consumers are growing more confident and spending more, boosting a still-weak economy just five days before the presidential election.

November 01, 2012 4:35 pm

U.S. job openings dipped in August from July

WASHINGTON | U.S. employers advertised slightly fewer jobs in August than July, while they filled the most positions in three months, offering a mixed signal on the job market.

October 12, 2012 12:00 am

Few jobs added in August, many of them low paying

WASHINGTON | Numerous industries added jobs last month. But they didn't add many. And the jobs they filled weren't necessarily well-paying ones.

September 08, 2012 12:00 am

Fewer young people looking for work

WASHINGTON | One reason the proportion of adults in the work force has dropped is that many younger adults have given up looking for a job.

September 08, 2012 12:00 am

US economy adds 96,000 jobs, jobless rate falls to 8.1%

WASHINGTON | U.S. employers added 96,000 jobs last month, a weak figure that could slow the momentum President Barack Obama hoped to gain from his speech Thursday night to the Democratic National Convention.

September 08, 2012 12:00 am

How weak is US job market? Depends on your numbers

WASHINGTON | Is the U.S. job market dismal as Republican presidential nominee Mitt Romney says?

September 05, 2012 3:30 pm

Survey: US manufacturing shrinks for third month

WASHINGTON | U.S. factory activity shrank for the third straight month in August as new orders, production and employment all fell. The report adds to other signs that manufacturing is struggling around the world.

September 04, 2012 4:30 pm

Drop in key US durable goods orders shows weakness

WASHINGTON | Signs that U.S. manufacturing is faltering emerged from a report Friday that orders for long-lasting factory goods, excluding the volatile transportation category, fell in July for the fourth time in five months.

August 25, 2012 12:00 am

Most laid-off workers take pay cuts in new jobs

WASHINGTON | The U.S. economic recovery hasn't felt much like one even for people who managed to find new jobs after being laid off. Most of them have had to settle for less pay.

August 24, 2012 4:45 pm

U.S. economy adds 80,000 jobs in another weak month

WASHINGTON | The American job machine has jammed. Again.

July 07, 2012 12:00 am

Low prices, weak hiring raise odds of Fed action next week

WASHINGTON | The U.S. job market is flagging, and consumer prices are barely rising. The picture sketched by data released Thursday has made some economists predict the Federal Reserve will announce some new step next week to boost the economy.

June 14, 2012 4:30 pm

Strong 3 months of hiring as U.S. adds 227,000 jobs

It's the latest display of the breadth and strength of the economic recovery. The country has put together the most impressive three months of job growth since before the Great Recession.

March 09, 2012 11:45 pm

US job market ends year in better shape

The long-suffering job market is ending the year better off than it began. The number of people applying for unemployment benefits each week has dropped by 10 percent since January.

December 29, 2011 9:30 am

U.S. spending up as savings interest hovers near zero

WASHINGTON | Americans are making a little more money and spending a lot more.

October 28, 2011 5:53 pm

Economy gaining, but so is unemployment

The economy is showing signs of modest improvement - not enough to reduce high unemployment but enough to ease fears another recession might be near.

October 02, 2011 12:00 am

Economy gaining but not enough to cut unemployment

WASHINGTON | The economy is showing signs of modest improvement — not enough to reduce high unemployment but enough to ease fears another recession might be near.

September 30, 2011 12:00 am
Dismal report shows no net job increase in August

Dismal report shows no net job increase in August

Employers stopped adding jobs in August, an alarming setback for an economy at risk of another recession. The government also reported that the unemployment rate remained at 9.1 percent. It was the weakest jobs report since September 2010.

September 02, 2011 11:00 am

Higher durable-goods orders ease economic worries

WASHINGTON | A surge in demand for autos and aircraft drove orders for long-lasting manufactured goods higher in July, easing fears the economy might be on the verge of another recession.

August 25, 2011 12:00 am

More people sought unemployment benefits last week

WASHINGTON | More people applied for unemployment benefits last week, evidence that layoffs are rising and the job market is weak.

July 21, 2011 5:00 pm

Unemployed find old jobs now require more skills

WASHINGTON | The jobs crisis has brought an unwelcome discovery for many unemployed Americans: Job openings in their old fields exist. Yet they no longer qualify for them.

October 17, 2010 12:00 am
Economic growth slows to 1.6 pct. in the spring

Economic growth slows to 1.6 pct. in the spring

WASHINGTON | The economy grew at a much slower pace this spring than previously estimated, mostly due to the largest surge in imports in 26 years and a slowdown in companies' restocking of goods,

August 27, 2010 1:46 pm Photos

Photos

Third month of weak hiring signals long slog ahead

Third month of weak hiring signals long slog ahead

WASHINGTON | The nation isn't creating nearly enough jobs to reduce persistently high unemployment.

August 06, 2010 6:07 pm

Payrolls drop by 125K, jobless rate falls

WASHINGTON (AP) — A wave of census layoffs cut the nation's payrolls in June for the first time in six months, while private employers added a modest number of jobs. The unemployment rate dipped to 9.5 percent, its lowest level in almost a year.

July 02, 2010 10:15 am Related

Related

Payrolls drop by 125K, jobless rate falls

WASHINGTON | A wave of census layoffs cut the nation's payrolls in June for the first time in six months, while private employers added a modest number of jobs. The unemployment rate fell to 9.5 percent, its lowest level in almost a year.

July 02, 2010 7:45 am

Millions of jobs that were cut won't likely return

WASHINGTON (AP) -- Fewer construction workers will be needed. Don't expect as many interior designers or advertising copywriters, either. Retailers will get by with leaner staffs.

May 16, 2010 12:00 am

New jobless claims drop for third straight week

WASHINGTON | First-time claims for unemployment benefits dropped last week for the third straight time, a sign the job market is slowly recovering.

May 06, 2010 8:05 am

Better days here? Economic rebound gains strength

WASHINGTON | Shoppers and businesses are feeling better about the recovery.

April 15, 2010 12:00 am

Employers added most jobs in 3 years in March

WASHINGTON | The nation's economy posted its largest job gain in three years in March, while the unemployment rate remained at 9.7 percent for the third straight month.

April 03, 2010 12:00 am

March job increase largest in 3 years

WASHINGTON | The U.S. economy posted its largest job gain in three years in March, while the unemployment rate remained at 9.7 percent for the third straight month.

April 02, 2010 8:04 am

Economic mixed bag: No inflation but little hiring

WASHINGTON | The picture of an economy growing modestly without producing inflation yet struggling to create jobs emerged from government reports Thursday.

March 19, 2010 1:00 am

Unemployment rate unchanged as 36K jobs lost

WASHINGTON | The unemployment rate held at 9.7 percent in February as employers shed 36,000 jobs, fewer than expected. The figures suggested the job market is slowly healing but that significant hiring has yet to occur.

March 06, 2010 12:00 am

Don't blame snow: Feb. jobs data likely to be weak

WASHINGTON | The February jobs report to be released Friday is likely to be bleak.

March 04, 2010 12:00 am

Rising jobless claims reflect weakening recovery

WASHINGTON | Layoffs are no longer dropping as they were in the final months of last year, reinforcing fears that the jobs crisis will weigh down consumer spending and the economic rebound.

February 26, 2010 12:00 am

January unemployment rate drops to 9.7 percent

WASHINGTON | The outlook for jobs became a bit less bleak with January's unexpected decline in the unemployment rate, which fell to 9.7 percent from 10 percent.

February 06, 2010 12:00 am
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