U.S. initial jobless claims hit three-month high of 240,000 By Investing.com

U.S. initial jobless claims hit three-month high of 240,000 By Investing.com

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By Geoffrey Smith Investing.com -- The number of people making initial claims for unemployment benefits rose by more than expected to a three-month high, adding to increasingly clear signs that the labor market is cooling in response to the Federal Reserve's sequence of big hikes in interest…

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