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US Jobless Claims Increase, Indicating Potential Labor Market Softening

1 min read
Source: Reuters
US Jobless Claims Increase, Indicating Potential Labor Market Softening
Photo: Reuters
TL;DR

Recent data shows an increase in US jobless claims and continuing claims, indicating some labor market softness, while PMI data suggests economic expansion, and housing sales have slightly rebounded, with expectations of a potential interest rate cut by the Fed.

Topics:businesseconomy#economy#housing-market#interest-rates#labor-market#pmi-data#us-jobless-claims
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  1. Rise in US jobless claims adds to signs of labor market softness  Reuters
  2. US applications for jobless benefits rise last week, but layoffs remain historically low  ABC News
  3. Unemployment claims in Delaware rise in the week ending Aug. 16  The News Journal
  4. US Jobless Claims Rise, Adding to Signs of Slowing Labor Market  Bloomberg.com
  5. Jobless claims jump to 2-month high — but still no sign of rising U.S. layoffs  MarketWatch

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