Data shows reversal in US hiring while housing recovery continues
Data shows reversal in US hiring while housing recovery continues

Washington (AFP) – The United States saw a small but worrying rise in unemployment claims last week, underscoring its continued struggles to recover from the mass layoffs caused by the coronavirus pandemic.The Labor Department reported new filings for unemployment benefits had ticked up by 4,000 to 870,000 in the week ended September 19, only a slight increase from the week prior but still a massive number above the single worst week of the 2008-2010 global financial crisis.Another 630,080 people filed new claims under a special program for those not normally eligible, only about 45,000 less t…

Read More

HEDGE accordingly