Christopher Rugaber
U.S. layoffs remain elevated as 837,000 seek jobless aid
WASHINGTON (AP) – The number of Americans seeking unemployment benefits declined last week to a still-high 837,000, evidence that the economy is struggling to...
U.S. jobless claims at 870,000 as fraud and backlogs cloud data
WASHINGTON (AP) – The number of people seeking United States unemployment aid rose slightly last week to 870,000, a historically high figure that shows...
Federal Reserve sees rates near zero at least through 2023
WASHINGTON (AP) – The Federal Reserve expects to keep its benchmark interest rate pegged near zero at least through 2023 as it strives to...
U.S. layoffs remain elevated as 884,000 seek jobless aid
WASHINGTON (AP) – The number of Americans applying for unemployment benefits was unchanged last week at 884,000, a sign that layoffs are stuck at...
U.S. unemployment rate falls to 8.4% even as hiring slows
WASHINGTON (AP) – The United States unemployment rate fell sharply in August to 8.4% from 10.2% even as hiring slowed, with employers adding the...
U.S. retail sales regain pre-virus pace but slowdown is likely
WASHINGTON (AP) – Americans increased their retail purchases by 1.2% in July, with solid gains in appliances and clothing, restoring sales to their level...
U.S. jobless claims fall below 1 million but remain high
WASHINGTON (AP) – The number of laid-off workers applying for unemployment aid fell below 1 million last week for the first time since the...
U.S. adds 1.8 million jobs in a sign that hiring has...
WASHINGTON (AP) – The United States added 1.8 million jobs in July, a pullback from the gains of May and June and evidence that the...
U.S. wages and benefits grow at slowest pace in 3 years
WASHINGTON (AP) – Wages and benefits for United States workers rose at the slowest pace in three years in the April-June quarter, a sign...
Fed sees dim economic outlook as virus squeezes economy
WASHINGTON (AP) – The Federal Reserve expressed concern Wednesday that the viral outbreak will act as a drag on the economy and hiring in...
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