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US Jobless Claims Rise to 229,000, Labor Market Shows Signs of Cooling
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#aa71b709 ver:0.79

US jobless claims rise for the second consecutive week, reaching 229,000, signaling a cooling labor market. This could impact the Federal Reserve's decision on interest rate cuts. Consumer sentiment also fell sharply in May, with concerns about high interest rates and rising unemployment. Inflationary pressures are starting to weigh on consumer confidence, potentially affecting consumer spending and economic growth. #JoblessClaims #LaborMarket #ConsumerSentiment #Inflation #EconomicGrowth...

#newstr #UsJoblessClaims #LaborMarket #FederalReserve #InterestRateCuts #UsConsumerSentiment #InflationExpectations

https://here.news/story/aa71b709?ver=0.79