US unemployment benefits applications decline for second week
Friday, 16 August 2024 () Applications for US unemployment benefits dropped for a second consecutive week, reaching the lowest level since early July. Initial claims fell by 7,000 to 227,000, signaling a moderate job market despite recent hiring pullbacks. Meanwhile, continuing claims also saw a decline to 1.86 million, and US retail sales surged in July, largely driven by a rebound in car sales.
New US Home Construction , Sinks to Slowest Pace in 4 Years.
Government data released on June 20 indicates that new home construction in America dropped in May to the slowest pace since June 2020,..
Credit: Wibbitz Top Stories Duration: 01:30Published
Friday, 16 August 2024 ()
![New US Home Construction Sinks to Slowest Pace in 4 Years [Video]](https://video.newsserve.net/300/v/20240620/1379144182-New-US-Home-Construction-Sinks-to-Slowest-Pace.jpg)
