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US initial jobless claims drop to 221,000
By Iain Gilbert
Date: Thursday 17 Jul 2025
(Sharecast News) - Americans lined up for unemployment benefits at a decelerated pace in the week ended 12 July, according to the Labor Department.
Initial jobless claims fell by 7,000 to 221,000, well below market expectations of a rise to 235,000 for the lowest number of new claims since April.
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