Editor Desk

Oct 13, 20161 min

U.S JOBLESS CLAIMS AT 43-YEAR LOW; IMPORT PRICE DEFLATION EASING

The number of Americans filing for unemployment benefits held at a 43-year low last week, pointing to sustained labor market strength that could pave the way for the Federal Reserve to raise interest rates in December.Thursday's report from the Labor Department added to data such as September automobile sales and manufacturing and services sector surveys in reinforcing the view that economic growth picked up in the third quarter after a sluggish performance in the first half of the year.

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#US #JoblessClaims #AutomobileSales

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