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The Independent UK
The Independent UK
National
Matt Ott

US jobless claims inch down as labor market remains tight

United States US Federal Reserve Unemployment
Copyright 2023 The Associated Press. All rights reserved.

The labor market continues to defy Federal Reserve attempts at loosening it, with U.S. applications for unemployment benefits down again last week and remaining at historically low levels.

Jobless claims in the U.S. for the week ending March 18 fell by 1,000 to 191,000 from the previous week, the Labor Department said Thursday.

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