U.S. Jobless Claims Rose Slightly Last Week

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U.S. applications for unemployment benefits roseate somewhat aft 5 consecutive weeks of diminution arsenic galore employers proceed to clasp connected to workers contempt a slowing economy.

Initial jobless claims, a proxy for layoffs, accrued to a seasonally adjusted 213,000 past week from a revised 208,000 the erstwhile week, the Labor Department said Thursday. The full was somewhat little than the prepandemic mean of 218,000 successful 2019, erstwhile the labour marketplace was besides tight.

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