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Labor market slowdown

New unemployment claims creep up as hiring slows

by Meghan McCarty Carino
Nov 16, 2023
Six months of incremental softening of the job market has firmed up to something tangible: the number of people continuing to file for unemployment was the highest it’s been in almost two years.
Slowed hiring could be an indicator that the jobs market is mellowing out after wild swings during the first few years of the pandemic.
Jeff Kowalsky/AFP via Getty Images
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