US EditionUS jobless claims rise by 4,000 to 353,000
34 Articles
34 Articles
US jobless claims see small rise, growth remains strong: govt
New applications for US unemployment benefits increased marginally last week, the government said Thursday as it also released revised data showing slightly better economic growth in the second quarter.Initial jobless claims rose to 353,000, seasonally adjusted, in the week ended August 21, which was 4,000 more than the previous week, the Labor Department reported, but slightly less than analysts expected.Jobless claims are a closely watched met…
U.S. slightly upgrades GDP estimate for last quarter to 6.6%
The U.S. economy grew at a robust 6.6% annual rate last quarter, slightly faster than previously estimated, the government said Thursday in a report that pointed to a sustained consumer-led rebound from ...
US slightly upgrades GDP estimate for last quarter to 6.6%
The U.S. economy grew at a robust 6.6% annual rate last quarter, slightly faster than previously estimated, the government said Thursday in a report that pointed to a sustained consumer-led rebound from the pandemic recession. But worries are growing that the delta variant of the coronavirus is beginning to cause a slowdown.The report from the Commerce Department estimated that the nation’s gross domestic product — its total output of goods and …
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