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A hiring sign is displayed at a restaurant in Schaumburg, Ill., Friday, April 1, 2022. More Americans applied for jobless benefits last week, reported Thursday, Aug. 4, 2022, as the number of unemployed continues to rise modestly, though the labor market remains one of the strongest parts of the U.S. economy. (AP Photo/Nam Y. Huh, File)

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US unemployment claims rise by 14,000 to 262,000
By PAUL WISEMAN - AP Economics Writer
Thu,08/11/22-7:39AM , 199 Reads
WASHINGTON (AP) — The number of Americans who signed up for unemployment benefits rose last week to the highest level since November, though the U.S. job market continues to show signs of strength.
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A sign advertises for help The Goldenrod, a popular restaurant and candy shop, Wednesday, June 1, 2022, in York Beach, Maine. America’s hiring boom continued in July as employers added a surprising 528,000 jobs despite raging inflation and rising anxiety about a recession. (AP Photo/Robert F. Bukaty)

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'What recession?': US employers add 528,000 jobs in July
By PAUL WISEMAN - AP Economics Writer
Thu,08/04/22-4:31PM , 473 Reads
WASHINGTON (AP) — U.S. employers added an astonishing 528,000 jobs last month despite flashing warning signs of an economic downturn, easing fears of a recession and handing President Joe Biden some good news heading into the midterm elections.
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A customer holds a credit card at the pay-at-the-pump gasoline pump in Rolling Meadow, Ill., Thursday, June 30, 2022. The U.S. economy shrank from April through June for a second straight quarter, contracting at a 0.9% annual pace and raising fears that the nation may be approaching a recession. The decline that the Commerce Department reported Thursday, July 28, in the gross domestic product — the broadest gauge of the economy — followed a 1.6% annual drop from January through March. (AP Photo/Nam Y. Huh)

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US economy shrinks for a 2nd quarter, raising recession fear
By PAUL WISEMAN - AP Economics Writer
Wed,07/27/22-9:54PM , 158 Reads
WASHINGTON (AP) — The U.S. economy shrank from April through June for a second straight quarter, contracting at a 0.9% annual pace and raising fears that the nation may be approaching a recession.
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Pedestrians pass the New York Stock Exchange on July 14, 2022, in New York. The U.S. economy is caught in an awkward, painful place. A confusing one, too. Growth appears to be sputtering, home sales are tumbling and economists warn of a potential recession ahead. But consumers keep spending, businesses keep posting profits and the economy keeps adding hundreds of thousands of jobs a month. (AP Photo/John Minchillo, File)

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US economy sending mixed signals: Here's what it all means
By PAUL WISEMAN - AP Economics Writer
Wed,07/27/22-9:27AM , 225 Reads
WASHINGTON (AP) — The U.S. economy is caught in an awkward, painful place. A confusing one, too.
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