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Job Market Holds But Worries Loom | Irvine News
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The U.S. job market remains surprisingly steady despite global tensions and rising fuel costs, with unemployment claims ticking up slightly to 197,000 — still low compared to recent years. Big companies like Verizon, UPS, and Amazon are already trimming staff, and sluggish economic growth paired with stubborn inflation have the Fed on high alert. Could prolonged conflict and higher energy prices trigger more layoffs? The answer may be coming soon.
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