
Jobless Claims in U.S. Hold at Lowest Level Since Mid-April
The number of people applying for unemployment benefits in the week ended July 9 held at 254,000, the lowest level since mid-April, according to the U.S. Department of Labor. Weekly claims have been below 300,000 for 71 consecutive weeks, the longest period since 1973 and consistent with strong employment conditions. Reported in Bloomberg by Lisa Du.