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U.S. labour market remains stable as trade deficit widens in February
Initial claims fell to 202,000 as economists said layoffs stayed low, while imports and exports both rose to record levels in February.
Summary by The Globe & Mail
3 Articles
3 Articles
US labor market remains stable; trade deficit widens in February
New applications for U.S. unemployment benefits unexpectedly fell last week amid low layoffs, suggesting labor market conditions remained calm in March, though economists warned that a prolonged war in the Middle East posed a downside risk.
·Spokane, United States
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New applications for unemployment benefits in the United States fell last week amid a low number of layoffs, suggesting that the labour market situation remained stable in March, although economists have warned that a protracted war in the Middle East poses a downward risk. Initial applications for state unemployment benefits fell by 9,000, to a seasonalized figure of 202,000 for the week ending March 28, the Department of Labour reported on Thu…
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Leaning Left1Leaning Right0Center1Last UpdatedBias Distribution50% Left, 50% Center
Bias Distribution
- 50% of the sources lean Left, 50% of the sources are Center
50% Center
L 50%
C 50%
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