WASHINGTON (Reuters) – The number of Americans filing first-time claims for jobless benefits increased further last week, suggesting that an explosion in new COVID-19 infections and business restrictions were boosting layoffs and undermining the labor market recovery.Slideshow ( 2 images
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U.S. weekly jobless claims increase again
WASHINGTON (Reuters) – The number of Americans filing first-time claims for jobless benefits increased further last week, suggesting that an explosion in new COVID-19 infections and business restrictions were boosting layoffs and undermining the labor market recovery.Slideshow ( 2 images
Smallest job gains in five months expected as U.S. labor market momentum wanes
WASHINGTON (Reuters) – U.S. employers likely hired the fewest workers in five months in October, in what would be clearest indication yet that the end of fiscal stimulus and exploding new COVID-19 infections were sapping momentum from the economic recovery.FILE
U.S. new home sales fall in September; prices continue to rise
WASHINGTON (Reuters) – Sales of new U.S. single-family homes unexpectedly fell in September after four straight monthly increases, but the housing market remains supported by record low mortgage rates and demand for more room as the COVID-19 pandemic drags on.Slideshow
Used vehicles again lift U.S. consumer prices, but inflation cooling
WASHINGTON (Reuters) – U.S. consumer prices increased for a fourth straight month in September, with the cost of cars and trucks rising by the most since 1969, but inflation is slowing amid excess capacity in the economy as it gradually