At the same time, an unexpected rise in weekly jobless claims hinted at a cooling labor market. Retail and food services sales rose 0.4% last month, decelerating from upwardly revised 0.8% ...
Continuing claims, a proxy for people who are already receiving benefits and still can’t find a job, jumped to 1.9 million in the week ended Jan. 11, the highest since November 2021, according to ...
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