The number of Americans applying for unemployment benefits fell last week to 860,000, a historically high number of people that showed the broad economic damage still being inflicted nine months after the first case of COVID-19 was detected in the U.S.

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A private survey shows U.S. businesses added the most jobs in a year in December, powered by a big gain in construction. The figures are the latest evidence that the economy gained momentum at the end of 2013.

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A prominent business group filed a lawsuit Wednesday challenging government rules that require federal contractors to display posters telling workers they have a legal right to form a union.

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The federal government awards billions of dollars in contracts each year to companies that routinely violate safety, health and wage regulations, according to a report released Wednesday that calls for stricter measures to hold federal contractors accountable.

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U.S. developers boosted construction spending in October at the fastest pace in more than four years, propelled by a surge in government projects. But spending on home construction and commercial projects both fell.

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U.S. employers advertised fewer jobs in July but hired more workers, a mixed sign that suggests only modest improvement in the job market.

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U.S. employers added just 88,000 jobs in March, the fewest in nine months and a sharp retreat after a period of strong hiring. The slowdown may signal that the economy is heading into a weak spring.

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The number of Americans seeking unemployment aid fell to a seasonally adjusted 340,000 last week, driving down the four-week average to its lowest level in five years. The drop is a positive sign ahead of Friday's report on February job growth.

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The number of Americans seeking unemployment aid fell 22,000 last week to a seasonally adjusted 344,000, evidence that the job market may be picking up.

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The number of people seeking unemployment benefits fell by 27,000 last week, an indication that hiring could improve.

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