US, other G7 countries to acknowledge challenges posed by China
This post was originally published on this sitePresident Biden and U.S. allies will release a collective statement on Tuesday acknowledging challenges posed by China on workers, companies and national security, the White House announced at the Group of Seven (G7) Summit. The statement from countries representing more than 50 percent...
Jobless claims rise after hitting lowest level since 1968
This post was originally published on this siteNew weekly applications for jobless aid rose last week after reaching the lowest level since 1968, according to data released Thursday by the Labor Department. In the week ending April 9, seasonally adjusted initial claims for unemployment insurance totaled 185,000, up 18,000 from...
Jobless claims fall to 166K, lowest level since 1968
This post was originally published on this site New weekly claims for unemployment insurance fell to the lowest level since 1968 at the end of March, according to data released Thursday by the Labor Department. In the week ending April 2, the seasonally adjusted total of new claims for jobless...
March Jobs Report Could Reveal Strong Hiring Momentum
This post was originally published on this siteEconomists surveyed by The Wall Street Journal estimate that employers added 490,000 jobs in March—which would mark 11 straight months of gains above 400,000, the longest such stretch since 1939.
Wholesale inflation increase higher than forecast
This post was originally published on this sitePrices charged by producers rose 1 percent in January, according to data released Tuesday by the Labor Department, twice the jump projected by economists.The producer price index (PPI) for final demand, which tracks wholesale prices for goods…
Consumer prices continue to soar as January inflation hits a 40-year high
This post was originally published on this site Power lines run through Roy on Tuesday, Nov. 30, 2021. Electricity prices surged 4.2% in January alone, the sharpest rise in 15 years, and are up 10.7% from a year earlier. | Kristin Murphy, Deseret News A 40-year-record set last month by...
Higher inflation probably costs you $ 276 a month
This post was originally published on this siteThe average U.S. household spends an extra $ 276 a month on inflation, which has been growing at the fastest rate in 40 years, according to a new economic analysis. The pressure is due to higher prices on a range of products and...
Low Jobless Claims Reflect High Demand For Labor, Economists Say
This post was originally published on this siteNew filings for unemployment benefits are estimated to have declined in the final week of January.
White House braces for weak jobs report after Omicron surge coincides with data collection
This post was originally published on this siteWhite House officials are bracing for an unusually weak January jobs report due to Omicron cases peaking at the same time the monthly employment survey data was collected.
Mitt Romney says Biden administration failed to ramp up COVID-19 testing when it had the chance
This post was originally published on this site Health care worker Bob Ekoh administers COVID-19 tests at City Hall in Herriman on Thursday, Jan. 6, 2022. | Spenser Heaps, Deseret News Tests in high demand as omicron variant surges As Americans endure long lines and search stores for a COVID-19...
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