Economists are still watching to see how consumer spending changes after the holiday season and if continued inflation will result in people cutting back on shopping. ...
The Fed also announced that it expects to raise interest rates in 2023, a year earlier than its previous prediction. Unemployment Claims Rise The Labor Department...
President Biden said Monday that out-of-work Americans will lose their enhanced federal unemployment benefits if they turn down a “suitable” job offer. The announcement follows a...
Unemployment claims fell to 498,000 last week, marking the first time claims dipped below half a million since coronavirus pandemic closures began. It’s also the fourth...
The Commerce Department released a report Thursday recording a 9.8% spike in retail sales for the month of March. That surge was largely driven by stimulus...
The government reported that nearly 3 million people filed for unemployment last week, bringing the total number to more than 36 million. That does not include...
Last week, a staggering 3.28 million people applied for unemployment in the United States. The number beats the previous 1982 record and weekly claims during the...
