US Initial Jobless Claims Edge Up to 119k, but Layoffs Remain Limited

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US initial jobless claims remained near historically low levels in the latest week, reinforcing the view that layoffs continue to be limited despite signs of slower hiring elsewhere in the labor market. Initial claims rose by just 1,000 to 199,000 in the week ended August 1, slightly below market expectations of 203,000. The previous week’s […]The post US Initial Jobless Claims Edge Up to 119k, but Layoffs Remain Limited appeared first on ActionForex.