WASHINGTON (AP) — Fewer Americans applied for unemployment benefits last week in a sign of a stable job market despite the slowing global economy hitting stocks and commodities. The domestic economy appears to have withstood the pressures created by a slowing Chinese economy, fragile growth in Europe and a meltdown in developing economies such as Brazil, Russia and Venezuela. Retailers and restaurants accounted for roughly two-thirds of the net job gains last month, while wage growth has accelerated over the past year.
Similar Stories to Applications For Us Jobless Aid Fell Sharply Last Week on Bing News
By JOSH BOAK, AP Economics Writer, San Antonio Express-News: World
Thu, 02/11/2016 - 7:06am
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