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US Jobless Claims Increase, Indicating Slowing Labor Market

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

US weekly jobless claims increased by 11,000 to 235,000, the highest since May, signaling potential weakening in the labor market amid signs of rising layoffs and slow hiring, with ongoing concerns about economic growth and employment prospects.

Topics:top-newseconomy#economic-indicators#economy#jobless-claims#labor-market#layoffs#unemployment-benefits
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  1. US weekly jobless claims rise to highest since June  Reuters
  2. US applications for jobless benefits rise last week, but layoffs remain historically low  ABC News
  3. U.S. Jobless Claims Rose Last Week  The Wall Street Journal
  4. Higher-Than-Expected Jobless Claims Weigh Down Treasury Yields  Barron's
  5. US Jobless Claims Rise, Adding to Signs of Slowing Labor Market  Bloomberg

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