WRAPUP 2-US economy remains resilient in second quarter; labor market tight ...Middle East

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WRAPUP 2-US economy remains resilient in second quarter; labor market tight
source : Devdiscourse ( Middle East ) () 44
The U.S. economy maintained a fairly solid pace of growth in the second quarter and activity appears to have gathered speed this quarter, but a looming government shutdown and an ongoing strike by auto workers are dimming the outlook for the rest of 2023. Tight labor market conditions continue to prevail, with the number of Americans filing new claims for unemployment benefits rising slightly last week, other data showed on Thursday.

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