<ul data-eligibleForWebStory="false"><li>US initial jobless claims decreased by 5,000 to 227,000 in the week ended July 5, the lowest in two months.</li><li>Continuing claims rose to 1.97 million, still the highest since late 2021, indicating challenges for out-of-work Americans to find jobs.</li><li>New filings tend to be volatile around school summer breaks and federal holidays as temporary and seasonal workers cycle in and out of employment.</li><li>The decline in initial claims suggests employers are reluctant to lay off workers amid ongoing difficulties for job seekers.</li></ul>

US Jobless Claims Fell A Fourth Week During July 4 Holiday

Discover more