US Initial Jobless Claims for the week ended July 11 fell to 208,000, surpassing expectations of 217,000. This marks the lowest level since the week of May 2, 2026. The previous week's claims were revised slightly upward from 215,000 to 216,000, indicating a continued strength in the labor market.
US Initial Jobless Claims Drop to 208,000, Beating Expectations
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