Content about Unemployment

February 7, 2014

The National Retail Federation calculated that retail employment was down 21,600 jobs in January 2014, yet up 230,000 jobs year-over-year. December retail employment figures were revised up to a gain of 57,000 jobs.

WASHINGTON — The National Retail Federation calculated that retail employment was down 21,600 jobs in January 2014, yet up 230,000 jobs year-over-year. December retail employment figures were revised up to a gain of 57,000 jobs.

The Bureau of Labor Statistics Employment Situation report showed that January total nonfarm payroll employment rose by 113,000, with the unemployment rate at 6.6% and the labor force participation rate at 63%.

October 10, 2013

The Deloitte Consumer Spending Index moved down again in September, showing the second month of small declines. The index tracks consumer cash flow as an indicator of future consumer spending.

NEW YORK — The Deloitte Consumer Spending Index moved down again in September, showing the second month of small declines. The index tracks consumer cash flow as an indicator of future consumer spending.

September 24, 2013

For job security and good salary growth, become a pharmacist or nurse. That's the message from a recent ranking of the most lucrative college majors in Kiplinger magazine.

NEW YORK — For job security and good salary growth, become a pharmacist or nurse. That's the message from a recent ranking of the most lucrative college majors in Kiplinger magazine.

August 21, 2013

The Deloitte Consumer Spending Index remained flat in July, but a recent survey showed shoppers have a positive, although still tentative, outlook on the economy for the back-to-school shopping season.

NEW YORK — The Deloitte Consumer Spending Index remained flat in July, but a recent survey showed shoppers have a positive, although still tentative, outlook on the economy for the back-to-school shopping season.

July 8, 2013

Of the 195,000 jobs created last month, 37,000 were in retail, according to the latest numbers form the Department of Labor.

WASHINGTON — Of the 195,000 jobs created last month, 37,000 were in retail, according to the latest numbers form the Department of Labor.

The June employment numbers indicated a net gain of 28,000 jobs, according to the National Retail Federation, a Washington-based trade group. The unemployment rate remained at 7.6%.

June 17, 2013

Retailers are increasingly recognizing that technology is key to driving growth and bolstering customer engagement, and research suggests that companies take an omnichannel approach to reach shoppers in today’s challenging environment plagued by changing consumer confidence and high national unemployment rates, according to recent research.

NEW YORK — Retailers are increasingly recognizing that technology is key to driving growth and bolstering customer engagement, and research suggests that companies take an omnichannel approach to reach shoppers in today’s challenging environment plagued by changing consumer confidence and high national unemployment rates, according to recent research.

June 11, 2013

The Consumer Reports Index, an overall measure of Americans’ personal financial health, shows Americans are reporting significantly fewer financial troubles, Consumer Reports National Research Center announced.

YONKERS, N.Y. — The Consumer Reports Index, an overall measure of Americans’ personal financial health, shows Americans are reporting significantly fewer financial troubles, Consumer Reports National Research Center announced Tuesday. The Index’s trouble tracker measure fell sharply to 34 from 41.7 a month earlier — the lowest level since the organization first measured it in April 2009.

May 3, 2013

The retail industry added nearly 30,000 jobs last month amid a general uptick in hiring that brought unemployment down to 7.5%, according to the Department of Labor.

WASHINGTON — The retail industry added nearly 30,000 jobs last month amid a general uptick in hiring that brought unemployment down to 7.5%, according to the Department of Labor.

The department's monthly jobs report showed the economy added 165,000 jobs, including 29,000 in the retail industry, which accounts for the largest number of private sector jobs. In addition, the March jobs report, which initially showed that the economy added only 88,000 jobs, was revised upward to 138,000, while the February report was revised upward to 332,000.

May 16, 2012

Concern over rising fuel prices has eclipsed unemployment — the leading worry since 2009 — as the No. 1 factor that keeps retailers up at night, according to a study released by BDO USA on Monday, though the current uptick in consumer spending somewhat alleviates that concern.

CHICAGO — Concern over rising fuel prices has eclipsed unemployment — the leading worry since 2009 — as the No. 1 factor that keeps retailers up at night, according to a study released by BDO USA on Monday, though the current uptick in consumer spending somewhat alleviates that concern. "Despite a dip in April, consumer spending has been improving, and retail executives feel that their strategy adjustments are on point," stated Doug Hart, partner in the Retail and Consumer Products Practice at BDO USA.

April 20, 2012

According to the latest numbers, the country's economy is slowly growing, while unemployment has been slowly declining. But while growth has been somewhat less than stellar, 10 industries have outpaced the rest of the economy, including generic drugs.

NEW YORK — According to the latest numbers, the country's economy is slowly growing, while unemployment has been slowly declining. But while growth has been somewhat less than stellar, 10 industries have outpaced the rest of the economy, including generic drugs.

February 10, 2012

The Deloitte Consumer Spending Index continued on a downward trend in January, and consumer spending will face additional economic headwinds in 2012, according to Deloitte.

NEW YORK — The Deloitte Consumer Spending Index continued on a downward trend in January, and consumer spending will face additional economic headwinds in 2012, according to Deloitte. The index tracks consumer cash flow as an indicator of future consumer spending.

December 13, 2011

The unemployed and underemployed have limited access to health care and, in many cases, are putting off seeking medical care, according to the "Long-Term Unemployed Survey" released on Monday by NPR News and the Kaiser Family Foundation.

MENLO PARK, Calif. — The unemployed and underemployed have limited access to health care and, in many cases, are putting off seeking medical care, according to the "Long-Term Unemployed Survey" released on Monday by NPR News and the Kaiser Family Foundation.

When they are sick or need medical advice, the long‐term unemployed and underemployed are much more likely than those with full‐time jobs to say they rely on a hospital emergency room or that they have no usual place to go for care (39% compared with 15% of full‐time employees).

August 8, 2011

The U.S. economy still has a pulse, as evidenced in the slight increase of jobs in July as reported by the U.S. Bureau of Labor Statistics on Friday.

WASHINGTON — The U.S. economy still has a pulse, as evidenced in the slight increase of jobs in July as reported by the U.S. Bureau of Labor Statistics on Friday. According to the latest employment figures released by the Bureau of Labor Statistics on Friday, 117,000 jobs were added in July, with the greatest job gains coming in health care (31,000), retail (26,000) and the manufacture of durable goods (more than 24,000). The unemployment was little changed, dropping to 9.1%, the BLS reported.

The question is whether that pulse is strengthening or weakening.

June 14, 2011

Rising unemployment claims, coupled with rising food and energy prices, prompted a decline in consumer spending outlook for May, according to Deloitte.

NEW YORK — Rising unemployment claims, coupled with rising food and energy prices, prompted a decline in consumer spending outlook for May, according to Deloitte.

The Deloitte Consumer Spending Index, which is comprised of four components — tax burden, initial unemployment claims, real wages and real home prices — fell to 2.66%, from an upwardly revised gain of 3.29% a month ago.

March 15, 2011

The Deloitte Consumer Spending Index rose to more than 4% during the month of February, thanks to slight improvements in two sectors.

NEW YORK — The Deloitte Consumer Spending Index rose to more than 4% during the month of February, thanks to slight improvements in two sectors.

The index attempts to track consumer cash flow as an indicator of future consumer spending and is comprised of four components: unemployment claims, tax burden, real wages and real home prices. It rose to 4.02% from 3.92% in January.

January 25, 2011

The Conference Board said Tuesday that its Consumer Confidence Index reached its highest level in eight months as Americans grew more optimistic about the job market.

WASHINGTON — The Conference Board said Tuesday that its Consumer Confidence Index reached its highest level in eight months as Americans grew more optimistic about the job market.

The index climbed to 60.6 this month, up from 53.3 in December. While that reading surpassed expectations, it still fell short of the 90 level that indicates a healthy consumer mindset.

The January figure was the highest since last May's 62.7. The index has not risen above 90 since the recession began in December 2007.

January 12, 2010

The Deloitte Consumer Spending Index dipped slightly in December primarily due to a decline in...