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US initial jobless claims rise to 238,000

Published by Iain Gilbert on 4th September 2025

(Sharecast News) - Americans lined up for unemployment benefits at an accelerated pace last week, according to fresh data from the Department of Labor, reflecting a softening labour market and giving weight to the Federal Reserve's rhetoric that a deteriorating jobs backdrop could warrant lower rates.

URL: http://www.digitallook.com/dl/news/story/35331878/...

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