Tags: Unemployment
U.S. housing data, sturdy jobs market buoy growth outlook
Contracts to buy previously owned U.S. homes rose for a fourth straight month in April to a nine-year high, buoying the outlook for the housing market and the overall economy.
U.S. jobless claims rise; four-week average lowest since 2000
The number of Americans filing new claims for unemployment benefits rose slightly more than expected last week, but the underlying trend continued to suggest the labor market was tightening.
Wall Street set to open up as weekly jobless claims fall
Wall Street was set to open higher on Thursday as weekly jobless claims fell, suggesting that the labor market was on solid footing even as the economy struggles to regain momentum.
U.S. job growth seen regaining steam, keeping Fed rate hike on track
U.S. job growth likely rebounded last month and the unemployment rate probably dropped to a near seven-year low, signs of a pick up in economic momentum that could keep the Federal Reserve on track to hike interest rates this year.