Monthly Archives: April 2015

Lackluster Rebound in U.S. Retail Sales Shows Consumers Hesitant

[04/14/15]  The March rebound in U.S. retail sales was less impressive than economists forecast, signaling consumers are in no rush to spend the windfall from cheaper fuel prices. Purchases increased 0.9 percent, the first gain in four months, according to Commerce Department figures issued Tuesday in Washington. The median forecast of 87 economists surveyed by Bloomberg projected retail sales would advance 1.1 percent. Other reports showed inflation is tame and small-business confidence ebbed. Americans are focused on using the savings at the gas pump to shore up finances even as employment and confidence firm and interest rates remain low. A boost in wage growth may be what’s needed...
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Job Openings Climb to Highest Level in 14 Years, But Hiring Declines

[04/07/15]  The number of job openings in the U.S. climbed to the highest level in 14 years, surpassing five million for the first time since January 2001. But the number of Americans actually getting hired for jobs fell for the second consecutive month, as did the number of people who voluntarily quit.Job openings climbed to 5.13 million in February, up from 4.97 million in January and from 4.88 million in December. But the number of Americans actually hired to fill jobs declined—falling to 4.9 million in February, down from five million in January and 5.2 million in December,  according to the Labor Department’s Job Openings and Labor Turnover Survey,...
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