Space porn: These images are (quite literally) out of this world
May saw an uptick of 0.3 percent in consumer spending in the United States, the Commerce Department said Thursday. That figure follows a revised 0.3 percent drop in April, which was previously reported to have declined 0.2 percent.
Consumer spending amounts to 70 percent of economic activity in the US. Reuters noted that while the pace has slowed since the first part of 2013, it is still likely to drive growth.
Commerce Dept. figures also showed that income grew by 0.5 percent in May.
Applications for unemployment benefits from workers fell by 9,000 to a seasonally adjusted 346,000 in the week ending on June 22.
It’s hoped that employers will begin to take to hiring again on the heels of the news, wrote Bloomberg.
“The broad trend still remains lower” for jobless claims, Jacob Oubina, senior economist at RBC Capital Markets LLC, told Bloomberg. “That’s going to continue to support net payroll gains.”
May saw employers add 175,000 new jobs to payrolls, noted Reuters. For comparison, job gains have averaged about 172,000 in the past year.
The unemployment rate stood at 7.6 percent in May, according to the Labor Department.
The latest figures follow a Wednesday report which said US economic growth was slower than expected in the first quarter, with a projected annual growth of only 1.8 percent, as well as a sluggish 2.6 percent growth in consumer spending.
It’s hoped that consumer spending will increase as America adjusts to new taxes and federal spending cuts, which were implemented earlier in 2013.
NASA astronaut Mike Hopkins
On December 28, 2013, Expedition 38 crew member Mike Hopkins participating in the second of two space walks to replace a degraded pump module on the International Space Station. (NASA astronaut Rick Mastracchio is reflected in his helmet!)
The Soyuz TMA-10M
The Soyuz TMA-10M headed towards the International Space Station with crew members from Expedition 37 onboard.
40 years ago the Apollo 8 mission flew up to the moon, orbited it ten times and then returned to Earth. This picture was taken from that flight and shows the Earth as it seemingly rises in similar fashion to a sunrise.
Sunrise from Expedition 36
NASA Flight Engineer Karen L. Nyberg of Expedition 36 took this photo of the sun rising -- a sight they saw nearly 16 times per day due to the speed of the International Space Station's orbit around the earth.
A pair of NanoRacks CubeSats -- nanosattelite spacecrafts carrying experiments -- were launched by Expedition 38.
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