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Business News: GF/EGF home sales…gambling & drones

The number of Americans applying for unemployment benefits plunged last week to the lowest level in 52 years, more evidence that the U.S. job market is recovering from last year’s coronavirus recession. The Labor Department says unemployment claims dropped by 43,000 to 184,000 last week, the lowest since September 1969.

 

The Labor Market Information Center has released the latest Online Job Openings Report (OJOR), a monthly summary of online job openings and active résumés from Job Service North Dakota’s labor exchange system. North Dakota had a total of 17,580 open and available online job openings in November 2021, a change of -4.3 percent (-796) from the prior month and +35.3 percent (+4,587) from the same month one year ago.  Grand Forks County has 1,798 openings.

 

The average interest rate on a long-term mortgage in the U.S. held firm again this week. Mortgage buyer Freddie Mac reports that the average rate on…

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