U.S. Jobless Claims Drop Below Expectations
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Insights by Echo AI
The U.S. Labor Department reported that new jobless claims last week were 197,000, lower than market expectations and an increase of 9,000 from the previous week. The four-week moving average was approximately 203,000, a decrease of 5,000. The number of people continuing to receive jobless benefits as of July 18 was 178.2 million, below market expectations and a decrease of 7,000 from the previous week.
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*US JOBLESS CLAIMS 197,000 IN JULY 25 WEEK; EST. 200K
US Jobless Claims (Jul. 25): $QQQ $SPY ⤠Initial Jobless Claims: 197...
Jobless claims rose to 197,000 last week, up 9,000 from the prior week...
US initial jobless claims rise to 197,000, below expectations Claims u...
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