Jobless Claims Hit Four-Month High, Adding To Inflation And Recession Fears
Unemployment claims have surged to their highest level since October 2024, adding to growing concerns over job security and the broader economy.
Initial jobless claims jumped by 22,000 to 242,000 for the week ending on Saturday, Feb. 22, the Bureau of Labor Statistics said in data released on Thursday, Feb. 27. The previous week's total was revised up slightly to 220,000.
The rise in claims comes as consumer confidence took its steepest monthly dive since August 2021 amid concerns over inflation, tariffs, and the labor market. The Conference Board's Consumer Confidence Index fell …
Covid-19: Big Y Pricing Freeze Extended For Specific Food Items
Big Y Foods is extending its “pricing freeze” on specific foods - and adding more items to the list - as the fallout from COVID-19 continues to ravage the economy.
There are now 15,000 food items under the Springfield-based Big Y Foods’ price freeze - this is up from 10,000 items when the freeze first went into effect in May.
Food items subject to the price freeze include chicken, butter, grapes, peanut butter, breakfast cereal, cheese, strawberries, yogurt, orange juice, hotdogs, tomatoes, avocados, raspberries, deli salads, and frozen beef patties.
Big Y says it will maintain prici…
