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flag US jobless claims hit a six-month low, signaling a strong labor market amid economic uncertainties.

flag US jobless claims dropped to 217,000 for the week ending July 19, marking the sixth consecutive week of declines and reaching the lowest level since mid-April. flag This suggests a resilient labor market despite economic uncertainties, including the impact of President Trump's tariffs, which could potentially lead to hiring freezes or job cuts. flag Despite this, the unemployment rate ticked down to 4.1% in June.

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