Fewer Americans filed for unemployment benefits last week, but applications remained at recently elevated, though not troubling levels{ai:summary}<p>Unemployment claims dropped slightly to 235,000, but remain above 220,000 for nine weeks straight, signaling consistent layoffs. Though job growth persists, ongoing challenges in securing stable employment hint at a precarious balance in the labor market.</p><p>The Fed's strategy to curb inflation unfolds against this backdrop, with rate cuts anticipated soon. The labor landscape is muddied by job cuts across industries, and signs of economic softening are beginning to surface. #economy</p>

Fewer Americans file for jobless claims as applications remain at elevated, but not troubling levels

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