US Jobless Claims Fall, But Concerns Remain About Weakening Demand for Workers
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#275a7504 ver:1.97

US jobless claims unexpectedly spike to a 10-month high, reaching 242,000, raising concerns about weakening demand for workers. The increase in claims, coupled with a rising unemployment rate of 4%, suggests a potential slowdown in the labor market. This challenges the prevailing belief of lower interest rates and raises doubts about the feasibility of rate cuts by the Federal Reserve. #joblessclaims #unemployment #economy #FederalReserve...

#newstr #UsLaborMarket #InterestRates #Inflation #JoblessClaims #EconomicSlowdown 

 https://here.news/story/275a7504?ver=1.97