GDP: Economy cools in third quarter
Growth moderates after increasing at a 3.9 percent pace in the second quarter
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Growth moderates after increasing at a 3.9 percent pace in the second quarter
Americans are reluctant to spend, but faltering economic growth hasn't yet led businesses to chop employees
Applications for unemployment remain at levels indicating employers are confident, despite a slowdown in hiring
The four-week average fell to a 15-year low last month; level is consistent with solid job growth
At 264,000 last week they're at a level last seen in July, when they hit a 41-year low
The less volatile four-week average is down more than 9 percent in the past year as layoffs stay muted
Earlier this month, the four-week average stood at 266,000, the lowest since April 15, 2000
On Friday, the gov't will release its July employment report; economists expect that employers added another 225K jobs last month
Employers have also hired at healthy levels in recent months, adding 280,000 jobs in May, a strong showing
Number of Americans applying for unemployment benefits remains near a 15-year low, pointing to healthier job market
The number of Americans who are applying for unemployment benefits continues to decline
The Labor Department reported that just 262,000 people filed for unemployment, the least since April 2000
Jobless claims have edged up in recent weeks, but numbers still point to steady labor market gains