US jobless claims pick up for the first time in six weeks
Initial unemployment claims rose by 13,000 to 196,000 in the week ended Feb. 4, Labor Department data showed Thursday. The U.S. labor market has remained firm in the backdrop of the Federal Reserve's most aggressive tightening campaign in a generation. Boeing Co. expects to cut about 2,000 jobs this year primarily in finance and human resources, the Seattle…
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