Unemployment Fell to 6.3% in January
Washington, DC, February 5, 2021—The unemployment rate fell by 0.4 percentage point to 6.3% in January, while nonfarm payroll employment changed little (+49,000), the U.S. Bureau of Labor Statistics reported.
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Mohawk Offers Lifetime Waterproof Warranty Under WetProtect Brand
Calhoun, GA, February 5, 2021-Mohawk Industries’ new patented WetProtect technology offers a lifetime warranty for both the floor surface and subfloor; the technology is utilized on select Mohawk and Pergo branded hard surface products.
Goods & Services Deficit Narrowed to $66.6B in December
Washington, DC, February 5, 2021—The goods and services deficit was $66.6 billion in December, down $2.4 billion from $69.0 billion in November, revised, the U.S. Census Bureau and the U.S. Bureau of Economic Analysis announced.
2021 Emerging Professionals Award Winners Announced
Chattanooga, TN, February 4, 2021-The winners of the 2021 Emerging Professionals Award have been announced.
Winners of 2021 Alan Greenberg Memorial Scholarship Named
Manchester, NH, February 4, 2021—CCA Global Partners recently honored two young entrepreneurs from within the company’s sprawling continental family: Stella Hehnly and Gigi Riesenberg.
Orders for Manufactured Goods Rose 1.1% in December
Washington, DC, February 4, 2021—New orders for manufactured goods in December, up eight consecutive months, increased $5.2 billion or 1.1% to $493.5 billion, the U.S. Census Bureau reported. This followed a 1.3% November increase.
Labor Productivity Declined 4.8% in Q4 2020
Washington, DC, February 4, 2021—Nonfarm business sector labor productivity decreased 4.8% in Q4 2020, the U.S. Bureau of Labor Statistics reported, as output increased 5.3% and hours worked increased 10.7%.
Jobless Claim Decreased by 33K to 779K in Last Week of January
Washington, DC, February 4, 2021—In the week ending January 30, the advance figure for seasonally adjusted initial claims was 779,000, a decrease of 33,000 from the previous week's revised level, according to the Department of Labor.
Mortgage Applications Increased 8.1% in Fourth Week of January
Washington, DC, February 3, 2021—Mortgage applications increased 8.1% from one week earlier, according to data from the Mortgage Bankers Association's (MBA) Weekly Mortgage Applications Survey for the week ending January 29, 2021.
Private Sector Employment Rose by 174K in January
Roseland, NJ, February 3, 2021—Private sector employment increased by 174,000 jobs from December to January, according to the January ADP National Employment Report.