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Matt Ott, Associated Press

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Matt’s Recent Stories

Economy Jul 18

More Americans apply for unemployment benefits as layoffs settle at higher levels in recent weeks

Jobless claims for the week ending July 13 rose by 20,000 to 243,000 from 223,000 the previous week, the Labor Department reported Thursday. It's the eighth straight week claims came in above 220,000.

Economy Jul 03

U.S. continuing jobless claims rise for 9th straight week, though unemployment stays historically low

Analysts say that continuing claims rise because many of those who are already unemployed may now be having a harder time finding new work.

Economy May 28

U.S. consumer confidence sunnier in May after months of declines

The index measures both Americans’ assessment of current economic conditions and their outlook for the next six months.

Politics May 09

U.S. job market still hot but weekly jobless claims hit highest level since August of 2023

The Labor Department reported Thursday that unemployment claims for the week ending May 4 rose by 22,000 to 231,000.

Economy Apr 04

Number of Americans applying for jobless benefits ticks up, but layoffs remain low

Weekly unemployment claims are considered a proxy for the number of U.S. layoffs in a given week.

Economy Feb 29

U.S. applications for jobless benefits rise but remain historically low despite recent layoffs

In total, 1.9 million Americans were collecting jobless benefits during the week that ended Feb. 17, up 45,000 from the previous week and the most since November.

Economy Sep 26

U.S. consumer confidence falls in September as American anxiety about the future grows

The American consumer is feeling less confident this month, particularly about the future, as expectations persist that interest rates will remain elevated for an extended period.

Economy Aug 22

UPS workers approve 5-year contract agreement to end negotiations

The union representing 340,000 UPS workers says its members voted to approve the tentative contract agreement reached last month.

Economy Aug 17

Average long-term U.S. mortgage rate climbs to 7.09 percent this week, highest level in over 20 years

Sharply higher rates are contributing to a dearth of available homes, as homeowners who locked into lower borrowing costs two years ago are now reluctant to sell and jump into a higher rate on a new property.

Economy Aug 17

U.S. jobless claims applications fall as labor market remains resilient

Applications for unemployment benefits dropped by 11,000 to 239,000 for the week ending August 12, down from 250,000 the previous week, the Labor Department reported Thursday.

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