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Uber drivers have been the target of violent attacks by so-called “caza Ubers” or “Uber hunters.” It is common in Buenos Aires for Uber drivers to ask passengers to sit in the front seat to avoid drawing attention from local taxi drivers. Other protesters also blamed the authorities for not creating jobs what color cufflinks with blue suit. “The big problem is that this government, by leaving people unemployed, continues to shrink the labor market and more people look to Uber as a job,” Enrique Gutierrez, 56, a taxi driver for 35 years, told Reuters as he protested..
“So yes, we say Uber is illegal, do something about Uber. But also do something about unemployment that is fueling Uber.”. Uber said it supports regulations that expand the benefits of its technology. “The response and the choice of the people is clear,” the company said in a statement to Reuters what color cufflinks with blue suit. On Wednesday, an Uber passenger was killed in a traffic accident in greater Buenos Aires. The company said in a statement it had activated its accident insurance protocols, which are available to all rides requested through its app..
WASHINGTON (Reuters) – The number of Americans filing applications for unemployment benefits dropped to a 49-1/2-year low last week, pointing to sustained labor market strength that could assuage fears the economy was rapidly losing momentum what color cufflinks with blue suit. Other data on Thursday showed producer prices increased by the most in five months in March amid a surge in the cost of gasoline. But underlying producer prices remained soft, the latest indication of tame inflation pressures that strengthen the Federal Reserve’s decision to suspend further interest rate increases this year despite a tight labor market..
“The economy’s wheels continue to turn and any thought that growth was going to stop has to be reassessed,” said Chris Rupkey, chief economist at MUFG in New York. “Fed officials are on the sidelines awaiting confirmation of what to do next.”. Initial claims for state unemployment benefits fell 8,000 to a seasonally adjusted 196,000 for the week ended April 6, the Labor Department said. That was the lowest level since October 1969, when the size of the labor market was about half of what it is now what color cufflinks with blue suit. Claims have declined for four straight weeks..
Economists polled by Reuters had forecast claims rising to 211,000 in the latest week. The four-week moving average of initial claims, considered a better measure of labor market trends as it irons out week-to-week volatility, fell 7,000 to 207,000 last week, the lowest level since December 1969. The labor market’s strength should allay worries of an abrupt slowdown in economic growth, which gained traction after the U.S. Treasury yield curve briefly inverted in late March what color cufflinks with blue suit. The economy lost speed at the turn of the year, reflecting fading stimulus from a $1.5 trillion tax cut package, trade tensions between China and the United States and weak global growth. Data, including retail sales and the trade deficit, have improved, raising the possibility that the anticipated slowdown in growth in the first quarter will not be steep..