Labor market, income data point to drawn-out economic recovery | Business

WASHINGTON — The number of Americans filing new claims for jobless benefits fell last week but remained at recession levels, while personal income dropped in August, underscoring the need for another government rescue package for businesses and the unemployed. The decline in initial claims reported by the Labor Department on […]

WASHINGTON — The number of Americans filing new claims for jobless benefits fell last week but remained at recession levels, while personal income dropped in August, underscoring the need for another government rescue package for businesses and the unemployed.

The decline in initial claims reported by the Labor Department on Thursday likely reflected a decision by California, the most populous state in the nation, to suspend the processing of new applications for two weeks to combat fraud. Factory activity slowed in September, other data showed.


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