Consumer confidence increased in April to its highest level since July as the labor market improved following the weather-related decline over the winter. The Thompson Reuters and University of Michigan preliminary index of sentiment increased from a four-month low of 80.0 in March to 82.6…
Keep ReadingThe number of people applying for unemployment benefits in the week ended April 5 fell by 32,000 to 300,000, according to the U.S. Department of Labor, the lowest level since May 2007 and a sign that the labor market continues to strengthen. Economists surveyed by…
Keep ReadingConsumer confidence in the labor market increased last month, particularly among young workers who see more potential employment opportunities should they lose their jobs, according to the New York Federal Reserve. Consumers cited an average chance of 48.95% of finding a new job if they…
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