US Jobless Claims Increase, Indicating Slowing Labor Market
TL;DR Summary
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-news#economic-indicators#economy#jobless-claims#labor-market#layoffs#unemployment-benefits
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- US applications for jobless benefits rise last week, but layoffs remain historically low ABC News
- U.S. Jobless Claims Rose Last Week The Wall Street Journal
- Higher-Than-Expected Jobless Claims Weigh Down Treasury Yields Barron's
- US Jobless Claims Rise, Adding to Signs of Slowing Labor Market Bloomberg
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