The number of new positive cases of COVID-19 reported in South Africa has continued its downward trend despite increased testing, according to South African National Institute of Communicable Diseases (NICD) data.
U.S. unit labor costs rose sharply in the third quarter, while productivity declined at its fastest pace since 1960, adding to signs of persistently high inflation.
President Biden spoke with an unusually deep and raspy voice Friday to discuss a disappointing November jobs report — sparking concerns online and among reporters that he was sick, if not COVID-stricken.
Though unemployment fell to its lowest level in nearly two years, the U.S. added back a worse-than-expected 210,000 jobs in November—indicating the labor market is still struggling to add back jobs lost during the pandemic amid the looming threat of a new coronavirus variant.