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US initial jobless claims hit lowest level in seven weeks

By Iain Gilbert

Date: Thursday 10 Jul 2025

(Sharecast News) - Americans lined up for unemployment benefits at a decelerated pace in the week ended 5 July, according to the Labor Department, pointing to a labour market that remains relatively robust despite high interest rates and economic uncertainty.
Initial jobless claims fell to 227,000, dropping from a downwardly revised...

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