U.S. unemployment claims fall slightly 787,000
Thursday's figure from the Labor Department, a slight decline from the previous week, showed that many employers are still cutting jobs as the pandemic tightens business restrictions and leads anxious consumers to stay home.
Unemployment drops to 6.9 percent and U.S. adds a solid 638,000 jobs
The gain suggested that a tentative economic recovery may remain intact even in the face of a surging viral outbreak.
Worker compensation rose at slower rate than in 2018
Total salaries and benefits such as health insurance rose 2.7% in 2019, according to the government’s employment cost index, down from 2.9% in the previous year.
Job openings rise 3.3 percent in October
That suggests that businesses remain confident enough in the economic outlook to create more jobs.
Some economists point to technologies, such as smartphones and mobile software, that aren't that economically useful. Others say that innovations like search engines, which are free to users, aren't properly captured in government data.
In our news wrap Friday, the U.S. turned in better-than-expected October economic numbers. The Labor Department reports that employers added a net 128,000 jobs last month, and figures for August and September were revised upward. Also, former Texas Congressman Beto…
The Senate voted Thursday along party lines, 53-44, to approve the nomination.
Acosta is being assailed for his part in the secret 2008 plea deal he signed that let Epstein avoid federal prosecution on charges that he molested teenage girls. But he was unapologetic Wednesday as he declared his office did the…
The final jobs report of 2018 released Friday, boasting 312,000 jobs added in December, puts the U.S. economy on track for another relatively strong showing in 2019, with economists predicting a slowdown coming toward the end of the year.
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