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Much has changed in the U.S. economy since President Trump took over from President Biden nearly one year ago, but one thing hasn’t: The low level of layoffs. Companies just aren’t getting rid of many workers.
Initial jobless claims — the number of people who apply for unemployment benefits — fell by 10,000 to a seasonally adjusted 214,000 in the seven days ended Dec. 20,
the government said Wednesday. The report came out a day early due to the Christmas holiday.
