Reade Pickert

Business

Smaller Share of US Small Businesses Unable to Fill Positions

Small business Getty Images

U.S. small businesses found it a little easier to fill jobs in December, consistent with a moderating, yet still-robust, labor market, National Federation of Independent Business data showed Jan. 9.

Reade Pickert | Bloomberg News
January 9, 2020
Government, Business

Consumer Spending Bump Offset by Inventories in Revised GDP

The Shops at Columbus Circle in New York People walk through The Shops at Columbus Circle mall in New York. (Victor J. Blue/Bloomberg)

Americans’ spending grew by more than previously reported in the third quarter, a change offset by a drag in inventories that left economic growth at a still-healthy but unrevised 2.1%.

Reade Pickert | Bloomberg News
December 20, 2019
Government, Business

US Jobless Claims Slide but Miss Forecasts for Bigger Drop

Job seekers at a career fair Job seekers wait in a line for an interview at the San Francisco Career Fair & Job Fair in Burlingame, Calif., on March 14, 2019. (David Paul Morris/Bloomberg News)

Filings for U.S. unemployment benefits fell last week by the most since February but missed forecasts for a larger drop, potentially reflecting lingering seasonal-adjustment issues stemming from the late Thanksgiving holiday this year.

Reade Pickert | Bloomberg News
December 19, 2019
Government, Business

US Jobless Claims Decrease More Than Estimated to 211,000

"We are hiring" poster for company Lynne Sladky/Associated Press

Filings for U.S. unemployment benefits declined more than expected to reach a four-week low, another sign that a resilient labor market continues to underpin the economy.

Reade Pickert | Bloomberg News
November 7, 2019