New weekly claims for jobless benefits fell to their lowest level in nearly two years while industrial production eked out a small gain in June, but producer prices fell for a third month providing more evidence that economic growth is slugglish.
Investors have been monitoring the economy for signs that the recovery lost steam heading into [...]
The number of people filing first-time claims for unemployment benefits sank 21,000 in the latest week to a still-high 454,000, maintaining a recent see-saw pattern.
Jobless claims have bounced up and down over the past six months, but they have shown no overall improvement, according to data from the Labor Department. The latest weekly claims data [...]
The number of Americans applying for jobless benefits declined last week from a two-month high, pointing to an improvement in the labor market that is taking time to develop.
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