IllustrativeUS weekly jobless claims rise to 225,000, above forecasts
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US weekly jobless claims have risen, with most reports indicating an increase to 225,000, although one outlet reported a slightly higher figure of 229,000. The rise is described as exceeding forecasts and reaching a four-month high. The increase in jobless claims is seen as a potential sign of weakness in the labor market, with some reports noting that real wages are falling and labor cost growth is slowing.
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