US job market: Fewer Americans filed for jobless benefits; applications fell to 229,000

Aug 28, 2025 - 21:30
US job market: Fewer Americans filed for jobless benefits; applications fell to 229,000

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In a sign of economic resilience amidst a slowdown, US jobless claims have dipped slightly, indicating companies are retaining staff. Though hiring has cooled since spring, layoffs remain low, creating a 'no hire, no fire' scenario.

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