Americans seeking dole benefits up
MORE Americans applied for unemployment benefits last week, the first rise in three weeks and evidence that companies are reluctant to hire in a slow economy.
Initial claims for unemployment aid rose by 13,000 to a seasonally adjusted 462,000, the Labor Department said yesterday. It was only the second rise in two months.
A separate report from the Commerce Department showed the trade deficit widened in August by 8.8 percent to US$46.3 billion. The gap grew because of a 2.1 jump in imports, driven by demand for foreign-made semiconductors, generators and other types of industrial machinery Exports rose 0.2 percent.
A third report noted that wholesale prices remained tame outside a sharp rise in food and energy costs. Excluding those two volatile categories, core wholesale prices rose just 0.1 percent, the Labor Department said.
Initial claims for unemployment aid rose by 13,000 to a seasonally adjusted 462,000, the Labor Department said yesterday. It was only the second rise in two months.
A separate report from the Commerce Department showed the trade deficit widened in August by 8.8 percent to US$46.3 billion. The gap grew because of a 2.1 jump in imports, driven by demand for foreign-made semiconductors, generators and other types of industrial machinery Exports rose 0.2 percent.
A third report noted that wholesale prices remained tame outside a sharp rise in food and energy costs. Excluding those two volatile categories, core wholesale prices rose just 0.1 percent, the Labor Department said.
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