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flag US jobless claims rose slightly to 217,000, hinting at a slightly less robust labor market.

flag US initial jobless claims rose to 217,000 last week, slightly above expectations and the highest level since early December 2019, indicating a strong but slightly less robust labor market. flag Continuing claims dropped to 1.859 million, reflecting a decrease from the previous week. flag The four-week average for initial claims also fell, suggesting ongoing labor market stability despite the weekly spike.

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