WASHINGTON/NEW YORK (Reuters) - Economic growth showed signs of becoming more self-sustaining as the number of Americans claiming new jobless benefits fell back to a four-year low last week and manufacturing activity in the Northeast picked up this month.
Economic growth showed signs of becoming more self-sustaining as the number of Americans claiming new jobless benefits fell back to a four-year low last week and manufacturing activity in the Northeast ...
WASHINGTON — The number of Americans filing new claims for unemployment benefits fell more than expected last week, which could ease fears of a marked deterioration in labour market conditions after a surprise stumble in job growth in March.
WASHINGTON – Retail sales rose in November and jobless claims fell sharply last week, hopeful signs for an economy that appears to have slowed sharply in the fourth quarter.
Retail sales rose 0.3%, rebounding from a 0.3% decline in October, the Commerce Department said on Thursday. Economists polled by Reuters had expected an increase of 0.5% last month.
WASHINGTON (Reuters) - The number of Americans claiming new unemployment benefits dropped to a four-year low last week, offering further evidence the jobs market recovery was gaining traction. Initial claims for state unemployment benefits fell 5,000 to a seasonally adjusted 348,000, the lowest level since February 2008, the Labor Department said on Thursday. The prior week's figure was revised up to 353,000 from the previously reported 351,000. Economists polled by Reuters had forecast claims rising to 354,000 last week. ...