US ECONOMY EYES STRONG 2021 FINISH AS LABOR MARKET TIGHTENS, SPENDING ACCELERATES

© Provided by BusinessWorld WASHINGTON — The number of Americans filing new claims for unemployment benefits dropped to a 52-year low last week, suggesting economic activity was accelerating as a year ravaged by shortages, high inflation and an unrelenting pandemic draws to a close.   The plunge in claims reported by the Labor Department on Wednesday was, however, exaggerated by dif...

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