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Weekly US applications for jobless benefits slide to lowest level in 5 months
- The number of Americans applying for jobless benefits dropped to its lowest level in five months, indicating that the U.S. labor market continues to remain strong despite the Federal Reserve's efforts to cool it off.
- U.S. applications for unemployment benefits decreased by 7,000 to 221,000 for the week ending July 22, the lowest since February.
- The overall labor market in the U.S. remains healthy, with a low unemployment rate and consistent job growth, despite high-profile layoffs in the technology sector.
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45 Articles
45 Articles
Weekly US applications for jobless benefits slide to lowest level in 5 months
The number of Americans applying for jobless benefits slid last week to its lowest level in five months, further evidence that the U.S. labor market continues to defy the Federal Reserve's attempts to cool it off. U.S.
·Bradford West Gwillimbury, Canada
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Coverage Details
Total News Sources45
Leaning Left33Leaning Right1Center5Last UpdatedBias Distribution85% Left
Bias Distribution
- 85% of the sources lean Left
85% Left
L 85%
13%
Factuality
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