US job market: Jobless benefit applications see slight increase;...

US job market: Jobless benefit applications see slight increase; America maintains 'no hire no fire' pace

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US jobless claims edged up to 237,000 for the week ending August 30th, slightly above economists' predictions, signaling a potential slowdown despite employers largely retaining staff. Hiring has weakened, leading to a 'no hire, no fire' dynamic, with attention now focused on the upcoming August employment report.

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