Tag Archives | economy

Job growth surges in June, unemployment declines (Video)

U.S. employers added 288,000 jobs in June, a jump that exceeded economists’ expectations, CNBC reports. The Bureau of Labor Statistics also reported this morning that the national unemployment rate fell to 6.1 percent last month, edging downward from 6.3 percent in May. Unemployment, which does not include individuals who are underemployed or who have given […]

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Carolina Realtors: 2013 home sales soared 24.6% from previous year

Charlotte-area home closings increased 12.8 percent in December from the same time a year ago, according to the Charlotte Regional Realtors Association’s monthly market activity report released today. The report says Realtors sold 2,636 homes last month in the 10-county Charlotte region tracked by the association, up from 2,337 in December 2012. Growth in year-over-year […]

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U.S. adds 165,000 jobs; unemployment dips to lowest level since 2008 (Video)

U.S. employers added 165,000 jobs to their payrolls in April, and the nation’s unemployment rate dipped to 7.5 percent from the 7.6 percent rate reported in March, the U.S. Labor Department said Friday. The Wall Street Journal reports last month’s job gains exceeded the consensus expectation of economists, who had predicted the addition of 148,000 […]

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Wells Fargo’s chief economist says to expect another slowdown in Q2

John Silvia, Wells Fargo & Co.’s chief economist, says the U.S. economy is slowing down as consumers tap the brakes, Charlotte Business Journal reports. Silvia, on the bank’s monthly video outlook, says after a relatively strong first quarter the economy is losing some steam. It’s a trend that has plagued the U.S. economy for several […]

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Report: Metro Charlotte home closings leap 25% in March

The Charlotte Regional Realtors Association’s monthly market activity report for March shows strong stats for residential real estate sales in the metro area. Closings in the 10-county area jumped 24.9 percent to 2,621 last month from 2,098 in March 2012, states the report released Tuesday. That continues a streak of double-digit gains seen for months. […]

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