U.S. Worker Productivity in Q3 Better Than Expected
A slight rise in output and a fall in hours worked lead to productivity gains in the third quarter.
Jobless Claims Fell Last Week
The number of Americans filing for first-time unemployment benefits was lower than expected.
Labor Costs Stagnant
The U.S. employment cost index rose just 0.2% in the second quarter, the smallest increase in 33 years.
Gasoline Leads Rise in Consumer Prices
The U.S. Consumer Price Index jumped 0.4% in May, the largest increase in two years.
Jobs Report: Good, Not Great
Nonfarm payrolls grew by 223,000 in April, slightly less than the 230,000 economists predicted.