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US weekly jobless claims rise marginally amid stable labor market
- Weekly jobless claims ticked up to 206,000 but remain near this year's low range, suggesting a steady “slow hire, slow fire” labor market.
- Companies are announcing more hiring plans, yet many roles aren't being filled quickly; announced layoffs rose in August but remain below last year's levels.
- The Fed is closely watching labor and inflation data (including tariff and geopolitical effects) and may raise interest rates soon if inflation doesn't cool.
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