Key economic measure, the employment report for october is due out at 8 30 a. M. Eastern time. It will provide information on the number of jobs created, wage growth, hours worked, and it is the final big number to hit before americans head to the polls to vote for the next president. Hampton pearson tells us what to expect. Reporter on the eve of the last government jobs report before the president ial election, Economic Data is mixed. First time unemployment claims increased by 7,000 last week to a seasonally adjusted 265,000. Its the highest level since early august but still at historic lows. New private industry surveys also show a slowdown in both hiring and production in the Services Sector, which accounts for twothirds of all economic activity. But signs of job market strength include more than 5. 4 million job openings, and a big decline in planned layoffs last month. A closely watched outplacement survey shows just under 31,000 job cuts in october with most of the cuts confin
Expecting a pick up following the weak start to the year. The Commerce Department reported a 1. 2 rise in gross domestic product. The broadest measure of goods an services produce nd the nation. Estimates were the for 2. 6 and dprout for the First Quarter was revised lower, raising questions about the pace of the 7yearold economic recovery and what the fed might do next. Steve liesman has our story. In the heat of summer, washington got a blast of cold economic air on the economy. The government reported tepid growth in the Second Quarter of 1. 2 , more than half of what economists expected. The report showed the prior two quarters were weaker than thought and it raised worries that the economy could be slowing down. Curiously, Consumer Spending did we with Business Investments that kept growth down. Consumer rs the economy. Thats the piece that matters. Thats flektive of strong payrolls and resilient wage, thats Companies Continue to give money back to shar. Not willing to make that i
Quarter. Surprising investors who were expecting a pick up following the weak start to the year. The Commerce Department reported a 1. 2 rise in gross domestic product. The broadest measure of goods an services produce nd the nation. Estimates were the for 2. 6 and dprout for the First Quarter was revised lower, raising questions about the pace of the 7yearold economic recovery and what the fed might do next. Steve liesman has our story. In the heat of summer, washington got a blast of cold economic air on the economy. The government reported tepid growth in the Second Quarter of 1. 2 , more than half of what economists expected. The report showed the prior two quarters were weaker than thought and it raised worries that the economy could be slowing down. Curiously, Consumer Spending did well with Business Investments that kept growth down. Consumer rs the economy. Thats the piece that matters. Thats flektive of strong payrolls and resilient wage, thats Companies Continue to give money
Expecting a pick up following the weak start to the year. The Commerce Department reported a 1. 2 rise in gross domestic product. The broadest measure of goods an services produce nd the nation. Estimates were the for 2. 6 and dprout for the First Quarter was revised lower, raising questions about the pace of the 7yearold economic recovery and what the fed might do next. Steve liesman has our story. In the heat of summer, washington got a blast of cold economic air on the economy. The government reported tepid growth in the Second Quarter of 1. 2 , more than half of what economists expected. The report showed the prior two quarters were weaker than thought and it raised worries that the economy could be slowing down. Curiously, Consumer Spending did well with Business Investments that kept growth down. Consumer rs the economy. Thats the piece that matters. Thats flektive of strong payrolls and resilient wage, thats Companies Continue to give money back to shar. Not willing to make that
Morning. Heres the next round of moisture which is getting ready to lift north an move into our neck of the woods this afternoon. Its cloudy and damp, drizzle, expect to see showers probably sometime after lunch thats when the next batch of moisture begins to pull on through. The call from accuweather today, cloudy and damp, breezy, 69 or 70 give or take, a couple of showers possible later on. When i come back we have sunshine for you in the exclusive accuweather sevenday forecast, ill let you know when it arrives and have the latest on Hurricane Matthew. Thank you for the update. Island like island like to remind island like to i would like to reminds you can get the exclusive accuweather sevenday forecast at 6abc. Com weather. The public will turn out today to salute two wilmington firefighters who were killed answering the call. The memorial for Christopher Leach and jerry fickes begins at 1 00 p. M. At the chase center on the waterfront in wilmington. 6abc. Com will stream the memo