US Job Market Shows Signs of Strain Amid Rising Claims
TL;DR Summary
Recent data indicates the US job market is weakening, with rising unemployment claims, slower job creation, and increased layoffs, suggesting a potential economic slowdown ahead of the upcoming jobs report.
- America just got another slate of lousy job market news CNN
- US jobless claims rise, private payrolls growth slows Reuters
- Applications for US jobless benefits rise but remain in a healthy range ABC News
- US Initial Jobless Claims Rise to Highest Level Since June Bloomberg.com
- Spot gold trades at $3,545/oz after U.S. weekly jobless claims fall to 227k KITCO
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