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US Jobless Claims Dip Modestly to 215,000 Last Week as Layoffs Remain at Historically Healthy Levels
Analysts had expected 220,000 new applications as the four-week average also fell, signaling layoffs remain historically low, the Labor Department said.
- The Labor Department reported initial jobless claims fell 2,000 to 215,000 for the week ending July 4, beating FactSet's forecast of 220,000 new applications.
- Weekly filings serve as a proxy for layoffs in the U.S., and current levels remain historically low, indicating resilience in the labor market.
- The four-week moving average of jobless claims fell 3,750 to 218,750, while total Americans filing for unemployment benefits for the week ending June 27 rose to 1.81 million.
- U.S. stock indexes traded mixed Thursday as investors weighed labor data, with the Dow falling 0.06% while the Nasdaq Composite gained around 100 points.
- Global markets showed varied results Thursday, with Germany's DAX gaining 0.6% and Japan's Nikkei rising 1.38%, while the STOXX 600 rose 0.5%.
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The number of Americans applying for unemployment benefits fell slightly last week, while layoffs remain at historically low levels.
LancasterOnlineReposted by 
Independent Español
Independent EspañolWASHINGTON (AP) — The number of Americans applying for unemployment benefits dropped slightly last week, while layoffs remain at historically low levels.
·Lancaster, United States
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‘Slow Hire, No Fire’ Economy Continues As Jobless Claims Remain Near Record Lows
‘Slow Hire, No Fire’ Economy Continues As Jobless Claims Remain Near Record Lows The number of Americans filing for unemployment benefits for the first time fell to to 215k last week (versus 217k exp), remaining near multi-decade lows… California and Missouri saw the biggest increase in initial claims while New Jersey and Connecticut saw the...
Coverage Details
Total News Sources40
Leaning Left8Leaning Right10Center15Last UpdatedBias Distribution46% Center
Bias Distribution
- 46% of the sources are Center
46% Center
L 24%
C 46%
R 30%
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