U.S. Unemployment Benefit Claims Fall to Lowest Level in 10 Weeks
Unemployment benefit claims in the United States decreased to 208,000 claims during the week ending July 11, the lowest in ten weeks and below analysts' expectations of 219,000 claims. The four-week moving average also fell to 214,250 claims, while the total number of claimants reached 1.81 million. This reflects a continued decline in layoffs and an improvement in the U.S. labor market.
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