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flag US jobless claims edge up to 219,000, but labor market stays stable with low unemployment.

flag Last week, US jobless claims rose slightly to 219,000, a 5,000 increase from the previous week, but layoffs remain within a healthy range. flag The four-week average dropped by 1,000 to 215,250. flag Despite some companies like Workday, Dow, CNN, Starbucks, Southwest Airlines, and Meta announcing job cuts, the labor market remains stable with 143,000 jobs added in January and a 4% unemployment rate.

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