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US Jobless Claims Fall to 209,000, Showing Labor Market Stability

2026-05-22 14:56:04

U.S. initial jobless claims fell by 3,000 to a seasonally adjusted 209,000 for the week ending May 16. The decline pointed to resilience in the labor market. Financial markets expect the Fed to keep its benchmark overnight interest rate within the 3.50%–3.75% range until next year. Economists still expect a seasonal increase in jobless claims during the summer.

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