US joblessness data: Applications for benefits remain in historically healthy range; fell to 227,000 last week

Jul 10, 2025 - 19:30
US joblessness data: Applications for benefits remain in historically healthy range; fell to 227,000 last week

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Unemployment benefit claims in the US recently dipped, signaling continued strength in the labor market despite economic uncertainties. Initial applications fell to 227,000, below analysts' predictions, while the unemployment rate edged down to 4.1%. However, major firms like Microsoft and Google have announced job cuts, and concerns persist over the impact of tariffs on economic momentum.

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