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US Labour Market Stuck in ‘No Hire, No Fire’

US Labour Market Stuck in ‘No Hire, No Fire’
New filings for US unemployment benefits fell sharply last week, down to its lowest level in more than three years. Economists caution that holiday disruptions around thanksgiving may be exaggerating the drop, but say the data still points to a labour market struck in a holding pattern rather than weakening sharply.

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