Companies added 218,000 workers in July, exceeding the average for the year and showing improving demand is bolstering the U.S. job market, a private payrolls report showed today.
A surge in health care spending that helped keep the economy from shrinking in early 2014 is likely to continue fueling growth in coming months as more Americans gain coverage for medical services.
More Americans than forecast filed applications for unemployment benefits last week as the Easter holiday period made it more difficult to adjust the data for seasonal variations.
Service industries picked up in March after expanding at the slowest pace in four years, showing the biggest part of the U.S. economy was starting to thaw along with the weather.
Payrolls increased in 33 states in February and the unemployment rate fell in 29, a sign the labor market is making progress across much of the country.
The bottom of the list is dominated by metropolitan areas with generally weaker labor markets, a trend that bodes poorly for those areas future workforces.
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"uri": "/2014/07/30/adp-says-companies-boosted-payrolls-by-218000/",
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"summary": "Companies added 218,000 workers in July, exceeding the average for the year and showing improving demand is bolstering the U.S. job market, a private payrolls report showed today.",
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"summary": "The Conference Boards index climbed to 83 from 81.7 a month earlier that was weaker than initially estimated.",
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"summary": "A surge in health care spending that helped keep the economy from shrinking in early 2014 is likely to continue fueling growth in coming months as more Americans gain coverage for medical services.",
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"summary": "More Americans than forecast filed applications for unemployment benefits last week as the Easter holiday period made it more difficult to adjust the data for seasonal variations.",
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{
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"summary": "PPACA is prompting many to spend more at the doctors office and pharmacy, and the impact is reflected in the latest data on consumer spending.",
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{
"uri": "/2014/04/03/service-sector-expanded-at-faster-pace-in-march/",
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"summary": "Service industries picked up in March after expanding at the slowest pace in four years, showing the biggest part of the U.S. economy was starting to thaw along with the weather.",
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{
"uri": "/2014/03/31/millennials-mired-in-wealth-gap-as-older-americans/",
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"prettyDate": "March 31, 2014",
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"summary": "March 31 (Bloomberg) -- The damage inflicted on U.S. households by the collapse of the housing market and recession wasn’t evenly distributed. Just…",
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"summary": "Payrolls increased in 33 states in February and the unemployment rate fell in 29, a sign the labor market is making progress across much of the country.",
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"summary": "Payrolls decreased in 27 states in January, showing a slowdown in job growth extended throughout much of the country.",
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{
"uri": "/2014/03/14/teen-employment-rates-stuck-in-slump/",
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