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US job market steady as unemployment claims fall

Published on: March 19, 2026, 7:14 p.m. | Source: The Economic Times

New jobless claims in the US dropped unexpectedly last week. This indicates a stable job market. Job growth may rebound in March. Layoffs remain low despite business uncertainty. The Federal Reserve kept interest rates steady. The unemployment rate saw a slight increase in February. Many are facing longer joblessness spells.

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