The number of initial jobless claims in the United States fell to 213,000 last week, indicating a stable labor market
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The number of initial jobless claims in the United States fell to 213,000 last week, indicating stability in the labor market. According to data from the U.S. Department of Labor, as of February 8, the number of initial jobless claims decreased by 7,000 from the previous week, with a four-week average of 216,000. Despite a low layoff rate, job opportunities are decreasing, and businesses are taking a wait-and-see approach. The Federal Reserve maintained interest rates at 4.25%-4.50%, reflecting support for economic expansion
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