Inflation Highest in 40 Years, with No Letup in Sight
Inflation soared over the past year at its highest rate in four decades, hammering America’s consumers and wiping out pay raises.
Labor Department
U.S. Unemployment Claims Fall to 12-week Low
The number of Americans seeking unemployment benefits dipped to a 12-week low at the start of February, a sign of a stable job market for U.S. workers. The Labor Department says claims for jobless aid fell 12,000 last week to a seasonally adjusted 234,000, the best reading since this past November. The less-volatile four-week average decline 3,750 to 244,250, which…
