Lucia mutikani biography meaning
Experience: Thomson Reuters · Education: University of London · Location: Washington · connections on LinkedIn..
Experience: Thomson Reuters · Location: New York · 1 connection on LinkedIn.
LUCIA MUTIKANI
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US weekly jobless claims fall more than expected
The latest data from the Labor Department indicates that the number of Americans filing new claims for unemployment benefits declined more than anticipated last week, implying a relatively tight labor market.
However, some recently laid-off workers may be experiencing delays in securing new employment opportunities.
US manufacturing sector grows for the first time in 1.5 years
In March, U.S. manufacturing experienced its first growth in 1.5 years, as indicated by the Institute for Supply Management's (ISM) manufacturing Purchasing Managers' Index (PMI) rising to 50.3, the highest reading since September 2022.
This rebound ended 16 consecutive months of contraction in the sector.