U.S. weekly unemployment claims fall; consumer prices rise more than expected [Toronto Globe and Mail (Ontario, Canada)]
Wells Fargo & Company (WFC)
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Source: Toronto Globe and Mail
U.S. weekly unemployment claims fall; consumer prices rise more than expected A help wanted sign is posted on the window of a restaurant in Los Angeles, Calif., on May 28, 2021. FREDERIC J. BROWN/AFP/Getty Images A help wanted sign is posted on the window of a restaurant in Los Angeles, Calif., on May 28, 2021. The number of Americans filing new claims for unemployment benefits fell last week to the lowest level in nearly 15 months, while consumer prices increased further in May as the pandemic’s easing grip on the economy continues to boost domestic demand. Initial claims for state unemployment benefits totalled a seasonally adjusted 376,000 for the week ended June 5, compared to 385,000 in the prior week, the Labor Department said on Thursday. That was the lowest since mid-March 2020 when the first wave of COVID-19 infections barrelled through the country, leading to closures of non-essential businesses. Claims have now declined for six straight weeks. Layoffs are abating, with e
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- 4/23/24 - Form 8-K
- 4/23/24 - Form PX14A6G
- WFC's page on the SEC website