Latest News Updates From Katia Dmitrieva

GovernmentBusinessSafety

Small Businesses Mull Job Cuts After Aid Runs Out

At least 1 in 10 small businesses in the U.S. are expecting to lay off workers once their fiscal relief funds run out, according to a new survey.

June 23, 2020
GovernmentBusiness

Retail Sales Soared a Record 17.7% in May, Double Forecast

U.S. retail sales jumped in May by the most on record and double forecasts, regaining more ground than expected after unprecedented drops the prior two months as states allowed more merchants to reopen.

June 16, 2020
GovernmentBusiness

Jobless Rate Triples to 14.7% in Sharpest Labor Downturn

In the harshest downturn for American workers in history, employers cut an unprecedented 20.5 million jobs in April and the unemployment rate more than tripled to 14.7%.

May 8, 2020
GovernmentBusiness

US Economy Shrinks at 4.8% Pace, Signaling Start of Recession

The record-long U.S. economic expansion is over after almost 11 years, with what’s likely to be the deepest recession in at least eight decades now underway.

April 29, 2020
BusinessEquipment

US Durable Goods Orders Plunge Most Since 2014 on Pandemic

U.S. orders for durable goods declined in March by the most since 2014 as the coronavirus and slumping oil prices reverberated through the manufacturing sector and spurred cancelled orders for Boeing Co. airplanes.

April 24, 2020
GovernmentBusiness

US Factory Output Declines by Most Since April Due to GM Strike

U.S. manufacturing output slumped in October by the most in six months as an auto workers strike at General Motors Co. curtailed vehicle production and the trade war continued to weigh on other factories.

November 15, 2019
GovernmentBusiness

Quality Trails Quantity in US Job Market, Index Shows

If quality is more important than quantity, the U.S. labor market isn’t as good as the headline numbers indicate, according to new research.

November 14, 2019
GovernmentBusiness

Payrolls, Wages Miss Estimates in New Sign of Downshift

U.S. hiring missed projections in September and wage gains cooled, offering a warning that the record-long expansion is poised for further slowing even as the jobless rate fell to a half-century low.

October 4, 2019
GovernmentBusiness

Weak Jobs Outlook Echoes Disaster-Hit Months

The last time U.S. payroll forecasts were this low, hurricanes had slammed the country in 2017, temporarily closing businesses. Or go back to 2013 when there was a federal government shutdown.

October 3, 2019
GovernmentBusiness

Unemployment Filings Rise at Lower-Than-Expected Rate

Filings for U.S. unemployment benefits rose less than estimated and remained around historically low levels, offering the latest signs that the labor market is holding up.

September 19, 2019