Unemployment Claims Rise, Job Market Slows
Irvine News Today | 2 Min News | The Daily News Now! · The Daily News Now!
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Show Notes
Unemployment claims rise slightly in the US, with 212,000 filings for the week ending February 21st. Despite low layoffs, major companies have announced cuts. The job market remains in a low-hire, low-fire state, with hiring slowing due to uncertainties from tariffs and high interest rates. The four-week average of claims edged up, while continuing claims dropped. The February jobs report is awaited next week.
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