Low weekly jobless claims, shrinking trade deficit boost US economic picture
Weekly jobless claims increase 2,000 to 207,000Continuing claims slip 1,000 to 1.664 millionTrade deficit contracts 9.9% to $58.3 billion in...
archiveRATI:WORKFORCE
US factory production up slightly ahead of auto strike; inflation slowing
Manufacturing production rises 0.1% in AugustImport prices increase 0.5%; down 3.0% year-on-yearExport prices jump 1.3%; decline 5.5% year-on-yearWASHINGTON, Sept 15...
Biden takes shot at Trump on jobs in battleground Pennsylvania
PHILADELPHIA, Sept 4 (Reuters) - U.S. President Joe Biden on Monday took shots at his likely 2024 rival, Donald Trump, in a Labor Day speech aimed at shoring up support in Pennsylvania, a state he needs to win next year to retain the White House.A self-described champion of labor unions, Biden addressed union workers in Philadelphia as he sought to explain his economic policies to a public worried about the economy, despite easing inflation and low unemployment levels."It wasn't that long ago we were losing jobs in this country," Biden...
Factbox: European companies cut jobs as economy sputters
July 25 (Reuters) - Decades-high inflation and the impact of war in Ukraine have forced companies across Europe into lay-offs...
