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US initial jobless claims falls to 233,000, lower than expected

The number of people filed their initial claim for unemployment insurance benefits in the US fell to 233,000 in the week ending August 3.

Interviews

US needs large-scale Covid testing urgently: Nobel winning economist Paul Romer

In an exclusive interview with EconReporter on Tuesday, Romer, co-recipient of the 2018 Nobel Prize in Economics Science, urged the US to adopt large-scale testing immediately to halt this most detrimental economic slump ever since the Great Depression in the 1930s.