World Business Watch: US weekly jobless claims at 16-month low, shortages hamper manufacturing

Published: Jul 16, 2021, 11:50 AM(IST) WION Video Team
The number of Americans filing new claims for unemployment benefits fell to a 16-month low-level last week as the labor market gains traction, but worker shortages and bottlenecks in the supply chain are frustrating efforts by businesses to ramp up production to meet strong demand for goods and services.
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