US weekly jobless claims fall; labor market still slowing

US weekly jobless claims fall; labor market still slowing

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The number of Americans filing new claims for unemployment benefits fell more than expected last week, but that likely does not change the view that the labor market is slowing amid higher interest rates. Initial claims for state unemployment benefits dropped 24,000 to a seasonally adjusted…

#labordepartment #federalreserve #loosening #cmegroup #fedwatchtool

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