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Mixed Results for US Weekly Jobless Claims
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US weekly jobless claims show mixed results, with initial claims falling and continuing claims rising. The labor market is cooling, but economists are still uncertain about the impact on unemployment. The Federal Reserve is expected to hold policy rates steady in response to the increase in the unemployment rate.
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How might the increase in continuing claims impact the overall economy?
What factors are contributing to the cooling labor market?
What measures can the Federal Reserve take to address the increase in the unemployment rate?
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