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Jobless Claims

Jobless claims refer to the number of individuals who have filed for unemployment benefits with their respective state unemployment insurance program. These claims serve as an indicator of the overall health of the job market and can provide insight into trends in employment and the overall state of the economy.

Jobless claims are typically reported on a weekly basis and can fluctuate depending on a variety of factors, such as changes in economic conditions, seasonal employment patterns, and government policies related to unemployment benefits. A higher number of jobless claims generally indicates a weaker job market, while a lower number indicates a stronger job market.

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