U.S. Economic News
November 5, 2020
U.S. Economic Indicators
Initial jobless claims fell 7,000 to 751,000 last week. The four-week moving average decreased 4,000 to 787,000. DOL Report
Nonfarm business sector labor productivity increased 4.9% in Q3 and was up 4.1% compare to a year ago. Hours worked increased 36.8% while unit labor costs fell 8.9%. BLS Report