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Despite a rise in unemployment claims, the US job market remains resilient with historically low layoffs and strong job growth.
US unemployment benefits applications decreased to 201,000, signaling a resilient labor market with low layoffs, as hiring numbers reflect stability.
New US jobless claims unexpectedly fall, highlighting a stable labor market as the year begins despite ongoing hiring challenges.
U.S. stocks face decline, with the dollar strengthening as investors anticipate minimal rate cuts from the Fed amid robust labor market data.
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