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Inflation gauges in the US and euro zone are set to show the smallest annual increases since early or mid-2021, reinforcing sentiment that interest rates won’t…
The Labor Department released figures showing initial unemployment claims for the week ending Nov. 18 fell by 24,000 to 209,000, the largest drop since June.
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The latest figures suggest some cracks are beginning to form in a jobs market that has been gradually normalizing
US job growth slowed by more than expected and the unemployment rate rose to an almost two-year high of 3.9%, indicating that employers’ strong demand for workers is beginning to cool.