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US weekly jobless claims increase moderately, labor market remains stable | Collector
US weekly jobless claims increase moderately, labor market remains stable
Economic Times

US weekly jobless claims increase moderately, labor market remains stable

Initial jobless claims rose moderately to 211,000 last week, indicating a stable labor market despite rising inflation driven by energy prices. While producer prices saw their largest increase in four years, nonfarm payrolls continued to show strong gains, with the unemployment rate holding steady at 4.3%.

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