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flag U.S. jobless claims dropped to 227,000, but layoffs and weak job growth raise recession concerns.

flag Weekly U.S. jobless claims fell to 227,000 for the week ending February 7, down 5,000 from the prior week and in line with forecasts, remaining near historically low levels. flag Despite a strong January jobs report showing 130,000 new jobs and a drop in the unemployment rate to 4.3%, revised data cut prior-year job gains to 181,000—well below earlier estimates. flag Job openings hit a five-year low, and major companies including Amazon, UPS, and the Washington Post announced layoffs, fueling concerns. flag Economists remain divided on whether recent hiring gains signal recovery or a temporary rebound, with high interest rates and trade policy uncertainty seen as ongoing headwinds. flag The four-week average of claims rose slightly to 219,500, and continuing claims reached 1.86 million.

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