Recurring jobless claims ticked up as workers may be finding it harder to get new jobs.
A hiring ad displayed at a coffee shop in Kerrville, Texas, on July 9, 2025. Madalina Kilroy/The Epoch Times
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The number of Americans filing for new unemployment benefits declined for the fifth consecutive week to a three-month low as the U.S. labor market continues to perform at a solid pace.
Initial jobless claims declined by 7,000 to 221,000 for the week ending July 12, according to the Department of Labor.
Andrew Moran has been writing about business, economics, and finance for more than a decade. He is the author of “The War on Cash.”
