U.S. weekly jobless claims stuck at higher levels

WASHINGTON (Reuters) – The number of Americans filing new claims for unemployment benefits hovered at high levels last week, strengthening views that the labor market was settling into a more gradual path of recovery from the COVID-19 pandemic. Initial claims

U.S. weekly jobless claims back over one million

(Reuters) – The number of Americans filing a new claim for unemployment benefits rose unexpectedly back above the 1 million mark last week, a setback for a struggling U.S. job market crippled by the coronavirus pandemic. Initial claims for state

U.S. weekly jobless claims rise; labor market recovery stalling

WASHINGTON (Reuters) – The number of Americans filing for unemployment benefits rose last week for the first time in nearly four months, suggesting the labor market was stalling amid a resurgence in new COVID-19 cases and depressed demand. Initial claims

U.S. layoffs abating, labor market distress persists

WASHINGTON (Reuters) – The number of Americans seeking jobless benefits fell last week, but millions laid off because of COVID-19 continue to receive unemployment checks, suggesting the labor market could take years to heal from the pandemic even as hiring

U.S. labor market unexpectedly improves; recovery years away

WASHINGTON (Reuters) – The U.S. economy unexpectedly added jobs in May after suffering record losses in the prior month, offering the clearest signal yet that the downturn triggered by the COVID-19 pandemic was probably over, though the road to recovery

U.S. core capital goods orders eke out surprise gain

WASHINGTON (Reuters) – New orders for key U.S.-made capital goods unexpectedly rose in March, but the gains are unlikely to be sustainable amid the novel coronavirus outbreak, which has virtually shut down the country and contributed to a collapse in