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US Jobless Claims Fall for a Sixth Week, Lowest Since Mid-April
UNITED STATES, JUL 24 – Initial jobless claims fell by 4,000 to 217,000 for the week ending July 19, marking the longest decline streak since 2022, Labor Department data shows.
- Jobless claims in the U.S. dropped for the sixth week in a row, falling to 217,000 for the week ending July 19, which is the lowest level seen since mid-April.
- This decline followed economists' projection of a 15.8% drop in claims, with the recent fall surpassing analysts' expectations of 227,000 new applications.
- Florida’s unemployment rate held steady at 3.7% in June with 415,000 unemployed, maintaining a lower rate than the national average for 56 straight months amid steady jobless claims declines statewide.
- Governor Christopher Waller described the job market as "on the edge," breaking from other Fed officials who called it "solid," while economists worry tariffs could slow growth.
- Jobless claims and steady unemployment rates suggest continued labor market resilience, though pressures including elevated continuing claims and economic policy uncertainty could affect future conditions.
22 Articles
22 Articles
U.S. unemployment claims remain at historical low after falling for 6th straight week
The Labor Department reported Thursday that jobless claims for the week ending July 19 fell by 4,000 to 217,000. That’s fewer than the 227,000 new applications analysts were expecting.
U.S. Jobless Claims Dip Again, But Signs Point To A Softening Labor Market - Worthy Christian News
by Worthy News Washington D.C. Bureau Staff (Worthy News) – The number of Americans filing new claims for unemployment benefits fell for the sixth straight week, underscoring the continued resilience of the U.S. labor market. Yet behind the encouraging headline, economists warn that the broader employment picture is showing signs of softening. For the week ending July 19, initial jobless claims dropped by 4,000 to 217,000, according to new data …
Claims nationwide fell 17.4%.
Jobless Claims Hit Record Low Since April
The U.S. has seen a sixth consecutive week of declining jobless claims, reaching their lowest level since mid-April. The Labour Department reports a drop to 217,000 claims for the week ending July 19, less than the predicted 227,000. The four-week average also decreased by 5,000 to 224,500.
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