Low weekly U.S. jobless claims, corporate profits highlight economy’s resilience
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NewsTranscript
00:00Americans filing new applications for unemployment claims falls for four
00:05month low last week and labor market remained healthy. State unemployment
00:10claims fall for four thousands to two hundred eighteen thousands for the week
00:15ended. Corporate profits increased and highlight economies resilience. Meanwhile
00:20an alternative measure of economic growth rise up and emphasizing that
00:24strong profit growth should help to support the labor market and investment.