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flag Weekly jobless claims dipped to 209,000, reflecting steady labor market conditions despite slower hiring and recent layoffs.

flag Applications for U.S. unemployment benefits fell slightly to 209,000 for the week ending January 24, down from a revised 210,000 the prior week, signaling continued labor market stability despite recent corporate layoffs and slowing hiring. flag The four-week average rose slightly to 206,250, while total initial claims for the week ending January 17 dropped to 1.83 million, the lowest since September 2024. flag The unemployment rate held at 4.4% in December, and job growth slowed to 50,000, the weakest monthly gain since early 2023.

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