6.9 C
Ottawa
Monday, November 3, 2025

US Jobless Claims Fall to Lowest Level in 7 Weeks

Date:

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.

Share post:

Subscribe

spot_imgspot_img

Popular

More like this
Related

US Consumer Credit Profiles Diverge as Both Low- and High-Risk Borrowers Rise

More than 174.8 million borrowers owed $1.11 trillion in...

OpenAI, Amazon Ink $38 Billion Computing Power Deal

OpenAI CEO Sam Altman speaks during the Snowflake Summit...

Microsoft Increases UAE Investment to $15.2 Billion After US Clears Nvidia Chip Exports

A Microsoft sign and logo at the company's headquarters...

US Could End Dependency on Chinese Rare Earths Within 18 Months, Trump Says

President Donald Trump gestures as he boards Air Force...