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Consumer credit grew at strongest pace since December 2014 in May

Consumer credit grew at strongest pace since December 2014 in May
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Unemployment Rate Rises for First Time in a Year - Washington Free Beacon

Unemployment Rate Rises for First Time in a Year FILE PHOTO: Construction workers wait in line to do a temperature test to return to the job site after lunch, amid the coronavirus disease (COVID-19) outbreak, in the Manhattan borough of New York City, New York, U.S., November 10, 2020. REUTERS/Carlo Allegri Reuters • May 7, 2021 10:30 am By Lucia Mutikani WASHINGTON (Reuters) – U.S. job growth unexpectedly slowed in April, likely restrained by worker shortages that have left businesses scrambling to meet booming demand as the economy reopens amid rapidly improving public health and massive financial help from the government. The Labor Department s closely watched employment report on Friday, which showed a plunge in temporary help jobs – a harbinger for future hiring – as well as decreases in manufacturing and retail employment, could sharpen criticism of generous unemployment benefits.

New yorkUnited statesNew jerseyLucia mutikaniJoe bidenFederal reserveLabor departmentCurt longNational associationFederally insured creditபுதியது யார்க்ஒன்றுபட்டது மாநிலங்களில்புதியது ஜெர்சிஓஹோ பிடென்கூட்டாட்சியின் இருப்புதொழிலாளர் துறை

U S employment growth slows sharply in April amid labor shortages

U S employment growth slows sharply in April amid labor shortages
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New yorkUnited statesNew jerseyPaul simaoChizu nomiyamaLucia mutikaniJoe bidenThomson reuters trust principlesFederal reserveLabor departmentCurt longNational associationFederally insured creditThomson reuters trustபுதியது யார்க்ஒன்றுபட்டது மாநிலங்களில்

Dems Seize on Dismal Jobs Report: Economy Has a Fever and the Only Prescription is More Spending

Dems Seize on Dismal Jobs Report: Economy Has a Fever and the Only Prescription Is More Spending Biden-approved $1.9 trillion stimulus package encouraged Americans to stay unemployed as economy struggles to rebound from pandemic Andrew Stiles • May 7, 2021 1:30 pm Less than two months after Democrats approved a $1.9 trillion stimulus package, the U.S. unemployment rate edged higher as the economy added just 266,000 jobs in April, well below economists expectations. White House chief of staff Ron Klain and other Democrats seized on the dismal employment numbers in an effort to push for even more stimulus spending. Klain, an active user of the social networking website Twitter, promoted a lib journalist s assessment that the disappointing jobs growth was proof that the $1.9 trillion stimulus package didn t spend enough. Democratic strategist Josh Schwerin, among others, blamed the rising unemployment rate on Republican opposition to trillions of dollars in additional spending

United statesWhite houseDistrict of columbiaRon klainJosh schwerinJoe bidenCurt longNational associationFederally insured creditஒன்றுபட்டது மாநிலங்களில்வெள்ளை வீடுமாவட்டம் ஆஃப் கொலம்பியாஜோஷ் ஸ்க்வெரின்ஓஹோ பிடென்கர்ட் நீண்டதுதேசிய சங்கம்

U S employment growth unexpectedly slows to just 266,000 jobs

President Biden used sluggish growth to bolster his argument that more spending is necessary Critics say $300 a week supplementary unemployment benefit is putting people off looking for work April jobs reports says economy added only 266,000 jobs last month, but economists had forecast payrolls would advance by 978,000 jobs The unemployment rate rose to 6.1% in April from 6.0% in March

New yorkUnited statesNew jerseyJoe bidenFederal reserveLabor departmentCurt longNational associationFederally insured creditபுதியது யார்க்ஒன்றுபட்டது மாநிலங்களில்புதியது ஜெர்சிஓஹோ பிடென்கூட்டாட்சியின் இருப்புதொழிலாளர் துறைகர்ட் நீண்டது