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US weekly jobless claims hit highest level since August 2023

By Inquirer - 7 months ago
The number of Americans applying for unemployment benefits jumped to its highest level in more than eight months last week, another indication that the red-hot U.S. labor market may be softening. Unemployment claims for the week ending May 4 rose by 22,000 to 231,000, up from 209,000 the week before, the Labor Department reported Thursday.

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