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US initial job inquiries came in at 191,000, below expectations of 220,000. Resilience to lower-than-expected claims in the US labor market.
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The Federal Labor Department, which administers labor laws and promotes the labor force, today reported the first job of 191,000 for the recent week, falling below 220,000 for the new week.
The US labor market continues to be resilient as the unemployment rate readings come in below the baseline. The data estimates forecasts and continuous labor market strength points.
Posts on X to rely on for the next reduction in the allocation data, confirmed estimates are confirmed more than the weakness of the labor market. Labor Labor is released regularly every week, providing key insights that inform broader economic assessments.
