US weekly jobless claims fall to 14-month low
chinadaily.com.cn | Updated: 2021-05-14 06:56
The number of workers filing new claims for unemployment benefits dropped to 473,000 — a 14-month low — last week, the Labor Department said Thursday. US producer prices (PPI) on the other hand increased more than expected in April, leading to the biggest annual gain since 2010, in another sign of inflation in an economy rapidly recovering from the pandemic.
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