Olivia Rockeman

Business

US Companies Add Most Jobs in Three Months, ADP Data Shows

Wendy's A hiring sign in front of a Wendy's. (Luke Sharrett/Bloomberg News)

U.S. companies added more jobs than forecast in September, the most since June, suggesting that ongoing hiring challenges are beginning to ease as more Americans return to the workforce.

Olivia Rockeman | Bloomberg News
October 6, 2021
Government, Business

Consumer Confidence Falls to Six-Month Low on Delta Variant

Shoppers in the SoHo neighborhood of New York Shoppers in the SoHo neighborhood of New York. (Juharat Pinyodoonyachet/Bloomberg News)

U.S. consumer confidence dropped in August to a six-month low, suggesting concerns over the delta variant and elevated prices are weighing on Americans’ views of the economy now and in the coming months.

Olivia Rockeman | Bloomberg News
August 31, 2021
Government, Business

Gain in Retail Sales Underscores Solid, Steady Consumer Activity

Olive Garden restaurant Olive Garden owner Darden Restaurants Inc. boosted sales 80% last quarter, returning to the revenue levels it saw before the pandemic. (Elise Amendola)

U.S. retail sales rose unexpectedly in June, reflecting fairly broad gains across spending categories and wrapping up a solid quarter for household demand.

Olivia Rockeman | Bloomberg News
July 16, 2021
Government, Business

Jobless Claims Fall to Pandemic Low

economy A contractor works on a house under construction. (Daniel Acker/Bloomberg News)

Applications for U.S. state unemployment insurance fell last week to a fresh pandemic low, indicating that dismissals are easing as business conditions improve and firms look to increase headcounts.

Olivia Rockeman | Bloomberg News
July 15, 2021
Government, Business

Initial Jobless Claims Edge Up but Hold Near Pandemic Low

An employee inspects a tire at a bicycle production facility in Manning, S.C. (Micah Green/Bloomberg News) An employee inspects a tire at a bicycle production facility in Manning, S.C. (Micah Green/Bloomberg News)

Applications for U.S. state unemployment insurance edged up last week, though remained near a pandemic low, as the labor market grinds its way toward a full recovery.

Olivia Rockeman | Bloomberg News
July 8, 2021
Government, Business

State Jobless Claims Post Larger-Than-Expected Decline

An employee coats bicycle frames with powder paint in South Carolina. (Micah Green/Bloomberg News) An employee coats bicycle frames with powder paint in South Carolina. (Micah Green/Bloomberg News)

Applications for U.S. state unemployment insurance fell last week by more than projected, reaching a fresh pandemic low and suggesting that dismissals are abating as the economy reopens and labor demand rises.

Olivia Rockeman | Bloomberg News
July 1, 2021
Government, Business

Jobless Claims Rise for First Time Since April

A hiring sign is displayed in Vernon Hills, Ill., on June 11. (Nam Y. Huh/Associated Press) A hiring sign is displayed in Vernon Hills, Ill., on June 11. (Nam Y. Huh/Associated Press)

Applications for U.S. state unemployment insurance rose slightly for the first time since late April, likely a temporary blip for a labor market that’s otherwise improving as the economy reopens.

Olivia Rockeman | Bloomberg News
June 17, 2021
Government, Business

US Retail Sales Drop, Hinting at Shift to Spending on Services

A shopper views shoes at a store in New York in May. (Amir Hamja/Bloomberg News) A shopper views shoes at a store in New York in May. (Amir Hamja/Bloomberg News)

U.S. retail sales declined in May, after a stimulus-related splurge in the prior two months, suggesting consumers are starting to shift more of their spending to services as the economy reopens.

Olivia Rockeman | Bloomberg News
June 15, 2021
Government, Business

Consumer Sentiment Rises, Inflation Outlook Moderates

consumer sentiment graphic

U.S. consumer sentiment rose in early June by more than expected on improved outlooks for the economy and moderating inflation expectations.

Olivia Rockeman | Bloomberg News
June 11, 2021
Government, Business

Economists Brace for Another Volatile Monthly Jobs Report

An employee wearing a protective mask assists customers at a department store in Georgia. An employee wearing a protective mask assists customers at a department store in Georgia. (Dustin Chambers/Bloomberg News)

Economists, blindsided by a major miss in April’s U.S. employment report, are now ready for any number of surprises.

Olivia Rockeman | Bloomberg News
June 3, 2021

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