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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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Coverage Details
Total News Sources52
Leaning Left9Leaning Right11Center19Last UpdatedBias Distribution49% Center
Bias Distribution
- 49% of the sources are Center
49% Center
L 23%
C 49%
R 28%
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