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flag Weekly jobless claims drop to 218,000, the lowest in two months, showing a strong labor market amid economic slowdown signs.

flag Weekly jobless claims fell to 218,000, the lowest in two months, signaling ongoing strength in the U.S. labor market despite broader economic slowdown signs. flag While job growth has slowed and wage increases have declined, layoffs remain low and unemployment stays near historic lows. flag Economists see the trend as a gradual normalization rather than a sign of recession, with the labor market still supporting economic stability. flag The Federal Reserve is watching closely as it considers potential interest rate cuts.

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