Rise in U.S. jobless claims spurs labor market worries | Reuters

WASHINGTON The number of Americans filing for unemployment benefits rose to a six-month high last week, suggesting some loss of momentum in the labor market amid a sharp economic slowdown and major stock market selloff. Another report on Thursday showed factory activity in the mid-Atlantic region improved in January as shipments rebounded, but still contracted for a fifth straight month

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| Reuters appeared first on Firstpost.