Government, Business

Jobless Claims Rise but Remain Near 50-Year Low

WASHINGTON — The number of people seeking unemployment benefits ticked up last week but remained at a historically low level, reflecting a robust U.S. labor market with near record-high job openings and few layoffs.

Paul Wiseman | Associated Press
April 14, 2022
Government, Business

US Inflation Jumped 8.5% in Past Year, Highest Since 1981

WASHINGTON — Inflation soared over the past year at its fastest pace in more than 40 years, with costs for food, gasoline, housing and other necessities squeezing American consumers and wiping out the pay raises that many people have received.

Paul Wiseman | Associated Press
April 12, 2022
Government, Business

US Added 431,000 Jobs in March in Sign of Economic Health

America’s employers extended a streak of robust hiring in March, adding 431,000 jobs in a sign of the economy’s resilience in the face of a still-destructive pandemic and the highest inflation in 40 years.

Paul Wiseman | Associated Press
April 1, 2022
Government, Business

US Slightly Revises Up its GDP Estimate for Q4 to 7%

The U.S. economy ended 2021 by expanding at a brisk 7% annual pace from October through December, the government reported Feb. 24 in a slight upgrade from its earlier estimate as businesses stepped up their restocking of supplies.

Paul Wiseman | Associated Press
February 24, 2022
Government, Business, Logistics

Supply Chain Bottlenecks, COVID Expected to Slow Global Growth

WASHINGTON — The World Bank is downgrading its outlook for the global economy, blaming continuing outbreaks of COVID-19, a reduction in government economic support and ongoing bottlenecks in global supply chains.

Paul Wiseman | Associated Press
January 11, 2022
Government, Business

US Jobless Claims Rise by 7,000, Still Low at 207,000

The number of Americans applying for unemployment benefits rose last week but remained at historically low levels, suggesting that the job market remains strong.

Paul Wiseman | Associated Press
January 6, 2022
Government, Business

A Record 4.5 million Americans Quit Their Jobs in November

A record 4.5 million American workers quit their jobs in November, a sign of confidence and more evidence that the U.S. job market is bouncing back strongly from last year’s coronavirus recession.

Paul Wiseman | Associated Press
January 4, 2022
Government, Business

Jobless Claims Unchanged at 205,000

The number of Americans applying for unemployment benefits was unchanged last week, remaining at a historically low level that reflects the job market’s strong recovery from the coronavirus recession last year.

Paul Wiseman | Associated Press
December 23, 2021
Government, Business, Safety

Consumer Confidence Rises Despite Omicron, Higher Prices

WASHINGTON — U.S. consumer confidence rose in December as Americans shrugged off concerns about rising prices and COVID-19’s highly contagious omicron variant.

Paul Wiseman | Associated Press
December 22, 2021
Government, Business

Jobless Claims Hit 52-Year Low After Seasonal Adjustments

WASHINGTON — The number of Americans applying for unemployment benefits plummeted last week to the lowest level in more than half a century, another sign that the U.S. job market is rebounding rapidly from last year’s coronavirus recession.

Paul Wiseman | Associated Press
November 24, 2021