Content about Unemployment

December 2, 2013

Steady as she goes. That old nautical phrase, urging a firm hand on the wheel and an unwavering eye on the compass, seems apt for today’s retailers. While economic waters remain troubled, an improved economic forecast promises retailers a smoother route to profitability in 2014. 

October 22, 2013

One-third (33%) of U.S. families are making less money as a result of job loss, moving to a part-time job and/or working at a lower-paying job.

July 19, 2013

U.S. consumers are positioned to spend more in the coming months based on several favorable economic indicators seen in June.

June 17, 2013

Improvements in real home prices, initial unemployment claims and real wages drove an increase in the Deloitte Consumer Spending Index last month.

March 20, 2013

The Deloitte Consumer Spending Index remained steady in February primarily as a decline in initial unemployment claims and a rise in real average hourly earnings offset negative forces.

November 27, 2012

By Phillip M. Perry

Overcast with clearing skies — That’s the economic forecast from a major research firm as retailers enter a new year. Drizzly conditions will remain at least for the first half of 2013 as consumers hold tight to their pocketbooks. By the summer, though, light should break through the clouds as the resolutions of critical national uncertainties encourage corporate hiring, capital investment and consumer spending.

July 11, 2012

A report by FirstData Corp. found that year-over-year dollar volume growth was 6.4% in June, down from May’s 7.0% growth as continuing high unemployment and economic anxiety caused consumers to pull back on spending.

July 5, 2012

Analysts expected 18 top retail chains to report a modest gains in June, as high unemployment and falling consumer confidence have taken a toll on spending.

July 5, 2012

A report issued by the Labor Department showed that applications for jobless benefits fell 14,000 in the week ended June 30, to 374,000.

December 22, 2011

U.S. consumer confidence rose more than forecast in December, to a six-month high, amid declining unemployment and lower gas prices.

October 7, 2011

The National Retail Federation said Friday that high unemployment rates remain a concern as retailers head into the holiday season.

August 30, 2011

A report released Tuesday by the Conference Board said that confidence among U.S. consumers sunk to a two-year low in August, as Americans faced continued unemployment woes and worsening business and economic conditions.

June 30, 2011

A report released Thursday by Bloomberg said that consumer confidence reached its highest level in 10 weeks, thanks to falling gas prices and despite a 9.1% unemployment rate.

June 28, 2011

A report released Monday by the Commerce Department showed that consumer spending unexpectedly stalled during the month of May, as prices climbed and 9.1% unemployment caused shoppers to cut back.

June 14, 2011

A report released Tuesday by Deloitte said that consumer spending continued its decline in May, weighed down by a sharp rise in unemployment claims.

June 3, 2011

A jobs report on Friday that showed a slowing hiring market sent retail shares tumbling. According to the Labor Department, U.S. employers added just 54,000 new workers in May, the fewest in eight months.

May 16, 2011

Falling real wages and rising jobless claims in April contributed to largest single month drop in the Deloitte Consumer Spending Index since November 2007.

May 6, 2011

The unemployment rate in April edged up to 9.0%, compared with 8.8% in March 2011.

February 17, 2011

A report released Thursday by the Labor Department said that applications for jobless benefits increased by 25,000 to 410,000 in the week ended Feb. 12, exceeding the 400,000 median forecast of economists surveyed by Bloomberg News.

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.

November 7, 2010

As part of its ongoing support of our nation's military and veterans, Walmart and the...

September 30, 2010

Consumer spending in the United States rose more than forecast in August as households saw...

September 15, 2010

A report issued by the Labor Department on Thursday said that the number of newly...