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flag U.S. jobless claims rose unexpectedly last week.

flag U.S. initial jobless claims rose to 219,000 last week, exceeding expectations of 210,000, signaling a slight increase in layoffs. flag Despite this, the labor market remains resilient with continuing claims dropping to a record low. flag The data comes amid high inflation, a surge in oil prices due to Middle East tensions, and stock market losses, leaving the Federal Reserve to weigh interest rate decisions.

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