Initial jobless claims unexpectedly fall in past week

4 hours ago 1
Jobless claims text on white paper from a notepad on a wooden background. wooden blocks magnifier.

Zolak

Initial jobless claims for the week ended July 12 fell by 7K to 221K vs. 233K consensus and 228K prior (revised from 227K), according to data released by the Department of Labor on Thursday.

Continuing claims edged up to 1.956M from 1.954M in the prior week, compared with the 1.970M expected.

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