Home / Breaking News / U.S: Weekly Initial Jobless Claims Decline to 400K

U.S: Weekly Initial Jobless Claims Decline to 400K

There were 400,000 initial claims for unemployment benefits in the US during the week ending July 24, the data published by the US Department of Labor (DOL) revealed on Thursday. This reading followed the previous print of 424,000 (revised from 419,000) and came in worse than the market expectation of 380,000.

Check Also

AUD Plummets to Five-Year Low as China’s Tariff Bombshell Rocks Global Markets

In a dramatic twist of global economic fortunes, the Australian dollar has crashed to its …