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Home» Articles posted by Olivia Rockeman

US Jobless Claims Jump by Most Since March, Approach 1 Million

Posted on January 14, 2021 by Olivia Rockeman in Transport Topics

Applications for U.S. state unemployment benefits surged last week by the most since late March, pointing to persistent labor market pain as coronavirus infections continue to soar and potentially adding to momentum for a larger federal stimulus plan.

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Trucking Jobs Gain in December Outweighed by Wider Labor Trouble

Posted on January 8, 2021 by Olivia Rockeman in Transport Topics

The U.S. labor market lost jobs in December for the first time in eight months, yet transportation-related businesses showed solid growth, the Labor Department said Jan. 8.

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Jobless Claims Decline More Than Forecast in Week Ending Oct. 24

Posted on October 29, 2020 by Olivia Rockeman in Transport Topics

Applications for U.S. state unemployment benefits fell more than forecast last week, suggesting the labor market remains on the path of gradual improvement — while still far from its pre-pandemic health.

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US Job Openings Fell in August for First Time in Four Months

Posted on October 6, 2020 by Olivia Rockeman in Transport Topics

U.S. job openings declined in August for the first time in four months, pointing to a moderation in pace of hiring as the pandemic drags on.

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749,000 Jobs Were Added in September, ADP Report Shows

Posted on September 30, 2020 by Olivia Rockeman in Transport Topics

U.S. companies added 749,000 jobs in September, a private report showed, indicating the labor market’s gradual rebound is continuing as demand rises from the depths of the coronavirus pandemic.

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US Consumer Confidence Slumps to Six-Year Low on Job Views

Posted on August 25, 2020 by Olivia Rockeman in Transport Topics

U.S. consumer confidence dropped in August to the lowest since 2014 as consumers soured on employment and business conditions, indicating Americans are becoming despondent amid persistently high joblessness.

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Inflation Quickened in July on Costs of Vehicles, Apparel

Posted on August 12, 2020 by Olivia Rockeman in Transport Topics

U.S. consumer prices rose in July by more than expected on a jump in auto and apparel costs, though inflation remained broadly muted as the pandemic suppressed demand.

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US Industrial Output Surges by Most Since 1959 on Reopening

Posted on July 15, 2020 by Olivia Rockeman in Transport Topics

U.S. industrial production in June posted the largest monthly gain since 1959, indicating manufacturing is stirring to life after coronavirus-related shutdowns.

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US Consumer Confidence Posts Biggest Increase Since Late 2011

Posted on June 30, 2020 by Olivia Rockeman in Transport Topics

U.S. consumer confidence rose in June by more than forecast as optimism increased amid business reopenings, though sentiment remained well below pre-pandemic levels.

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