Steep drop in jobless claims, soaring retail sales buoy hopes for a robust recovery
Steep drop in jobless claims, soaring retail sales buoy hopes for a robust recovery Taylor Telford © Kamil Krzaczynski/AFP/Getty Images Tara Kline makes acrylic face shields for front line responders at Dimo's Pizza in Chicago. Jobless claims fell sharply last week, suggesting the economic recovery is trudging onward even as unemployment remains elevated. Blockbuster jobs and retail numbers, coupled with growing vaccinations, buoyed hopes Thursday for a robust recovery after more than a year of economic reversals. U.S. stocks soared, lifting the Dow and S&P 500 to record ...
Source: msn.com