US Jobless Claims Fall to Lowest Level in 7 Weeks

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US Jobless Claims Fall to Lowest Level in 7 Weeks

A hiring sign at a coffee shop in Greensboro, N.C., on Sept. 19, 2024. Madalina Vasiliu/The Epoch Times

The number of Americans filing for first-time unemployment benefits declined for the fourth straight week, in a sign that the U.S. labor market remains resilient.

According to the Department of Labor, initial jobless claims fell by 5,000 to 227,000 for the week ending July 5, the lowest since the middle of May.

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