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Earlier this week, President Joe Biden touted the country’s economic growth since he took office, but the latest economic data show that progress may not be as sturdy as experts would like.
The Department of Labor released new unemployment data Thursday showing a major spike in new jobless claims, meaning more Americans are filing for unemployment for the first time even as concerns grow over the Delta variant of COVID. The jobless increase came as a surprise to many experts, who hoped the U.S would continue an overall downward trend as the economy recovers from the pandemic-related economic shutdowns.
The National Association of Realtors said Thursday that the median existing-home sales price increased by 23.4% from June 2020 to June 2021, the second highest recorded since January 1999.
Support this podcast: https://podcasters.spotify.com/pod/show/america-in-focus/support
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By The Center Square4.6
1111 ratings
Earlier this week, President Joe Biden touted the country’s economic growth since he took office, but the latest economic data show that progress may not be as sturdy as experts would like.
The Department of Labor released new unemployment data Thursday showing a major spike in new jobless claims, meaning more Americans are filing for unemployment for the first time even as concerns grow over the Delta variant of COVID. The jobless increase came as a surprise to many experts, who hoped the U.S would continue an overall downward trend as the economy recovers from the pandemic-related economic shutdowns.
The National Association of Realtors said Thursday that the median existing-home sales price increased by 23.4% from June 2020 to June 2021, the second highest recorded since January 1999.
Support this podcast: https://podcasters.spotify.com/pod/show/america-in-focus/support
Hosted by Simplecast, an AdsWizz company. See pcm.adswizz.com for information about our collection and use of personal data for advertising.

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