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Economy News

The Economic Times

Economy / The Economic Times

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US weekly jobless claims fall, but labor market is still in a holding pattern

In a surprising turn, new jobless claims in the U.S. dipped last week, signaling potential hope for the labor market. Despite this, hiring remains sluggish, and layoffs are minimal. Companies are treading carefully amidst the uncertainties of trade regulations and advancements in AI.

15 Jan 2026 8:46 pm