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US weekly jobless claims fall as labor market stays stable for now

  • The number of Americans filing new unemployment claims fell by 6,000 to 219,000, indicating continued labor market stability, according to the Labor Department.
  • Low layoffs have helped keep the labor market stable despite concerns over potential impacts from tariffs, according to economists.
  • Business and consumer sentiment has decreased significantly, which may affect investment and demand for workers.
  • While layoffs are low, hiring has been weak, causing those who do lose jobs to experience long unemployment periods.
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ReutersReuters
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US weekly jobless claims fall as labor market stays stable for now

The number of Americans filing new applications for unemployment benefits fell last week, pointing to continued labor market stability ahead of potential volatility from import tariffs.

·United Kingdom
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U.S. News broke the news in New York, United States on Thursday, April 3, 2025.
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