Analysts: No signs of weakening labor market in this week's initial jobless claims report

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MarsBit
03-27
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Mars Finance News, on March 27, considering all factors impacting the labor market - with the most significant being the federal government layoffs led by the Government Efficiency Department (Doge) - it is surprising that the number of weekly unemployment benefit applicants remains so stable. Over the past year, this number has never exceeded 260,000 nor fallen below 205,000, and the data from the past four weeks has been particularly stable. An analyst from High Frequency Economics wrote: "In today's report, there is certainly no sign of weakness in the labor market."

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