U.S. Private Sector Employment Jumps Slightly More Than Expected In May

RTTNews | 100 days ago
U.S. Private Sector Employment Jumps Slightly More Than Expected In May

(RTTNews) - A report released by payroll processor ADP on Wednesday showed private sector employment in the U.S. jumped by slightly more than expected in the month of May.

ADP said private employment shot up by 122,000 jobs in May after increasing by a downwardly revised 105,000 jobs in April.

Economists had expected private sector employment to surge by 117,000 jobs compared to the addition of 109,000 jobs originally reported for the previous month.

"Hiring was more broad-based in May than we've seen in the last few years," said ADP Chief Economist Dr. Nela Richardson. "The labor market continues to show sustained momentum going into the summer hiring season."

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U.S. Consumer Price Growth Matches Estimates, Core Prices Rise Slightly More Than Expected

U.S. Consumer Price Growth Matches Estimates, Core Prices Rise Slightly More Than Expected

A closely watched report released by the Labor Department on Friday showed consumer prices in the U.S. increased in line with economist estimates in the month of August, although core prices rose by slightly more than expected. The Labor Department said its consumer price index climbed by 0.4 percent in August after inching up by 0.1 percent in July.
RTTNews | 38 minutes ago
U.S. Existing Home Sales Drop Below 4.0 Mln For First Time Since June 2025

U.S. Existing Home Sales Drop Below 4.0 Mln For First Time Since June 2025

A report released by the National Association of Realtors on Thursday showed an extended slump by existing home sales in the U.S. in the month of August. NAR said existing home sales dove by 2.0 percent to an annual rate of 3.98 million in August after tumbling by 1.7 percent to an annual rate of 4.06 million in July.
RTTNews | 23h 20min ago
U.S. Producer Prices Increase 0.4% In August, In Line With Estimates

U.S. Producer Prices Increase 0.4% In August, In Line With Estimates

Producer prices in the U.S. increased in line with economist estimates in the month of August, the Labor Department revealed in a report released on Thursday. The Labor Department said its producer price index for final demand rose by 0.4 percent in August following a revised 0.1 percent uptick in July.
RTTNews | 23h 42min ago
U.S. Jobless Claims Unexpectedly Edge Down To 206,000

U.S. Jobless Claims Unexpectedly Edge Down To 206,000

The Labor Department released a report on Thursday unexpectedly showing a slight dip in first-time claims for U.S. unemployment benefits in the week ended September 5th. The report said initial jobless claims edged down to 206,000, a decrease of 1,000 from the previous week's revised level of 207,000.
RTTNews | 1 day ago