Tag Archives: United States economy

Weekly unemployment claims

The number of Americans applying for unemployment benefits increased more than expected last week, as the country continues to grapple with the economic impacts of the coronavirus pandemic. Weekly initial jobless claims reached 1.3 million for the week ending July 11, the Labor Department said Thursday. Economists surveyed by Dow …

Read More »

Retail sales June 2020

Retail sales in the United States increased more than expected in June, but the budding economic recovery is threatened by a resurgence of new Covid-19 infections and high unemployment. The Commerce Department said Thursday that retail sales increased 7.5% last month. That was above the 18.2% jump in May, which …

Read More »