U.S. jobless claims rise, layoffs hit 16-month high in June
WASHINGTON, Jul 7- The number of Americans filing new claims for jobless benefits unexpectedly rose last week and demand for labor is slowing, with layoffs rising to a 16- month high in June, as the Federal Reserve's aggressive tightening of monetary policy stokes fears of a recession. Initial claims for state unemployment benefits rose by 4,000 to a seasonally…
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