Rio Times · USA & Canada Intelligence Brief August 6
USA & Canada Intelligence Brief August 6 — Key Facts
—Jobless claims First-time claims totalled 199,000 for the week to 1 August, up 1,000 from a revised 198,000 and below forecasts.
—Layoffs collapse Announced job cuts fell to 33,429 in July, the fewest in two years, down 27% from June and 46% from a year earlier.
—Productivity jumps Second-quarter productivity rose 1.4%, more than double the 0.6% expected and up from 0.8% in the first quarter.
