For the first time in the last 6 weeks, there was an increase in the number of Americans filing new claims for unemployment benefits. Layoffs are still decreasing overall, though as the economy continues with reopening.
The workforce seems to still be struggling with a shortage of people willing to work. This scarcity hurdle isn’t helping faster employment growth.
Meanwhile, a measure of future production surged to its highest level in almost three decades.
What other insights should you be aware of?
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