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U.S. Jobless Claims Hit Lowest Since April

7/17/2025

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Summary

Story summary

Initial jobless claims in the U.S. dropped by 7,000 to 221,000 for the week ending July 12, reaching their lowest point since April. The four-week moving average also fell to 229,500. However, with continuing claims steady at around 1.96 million, many Americans still face hurdles in securing new employment opportunities.

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Story summary

Initial jobless claims in the U.S. dropped by 7,000 to 221,000 for the week ending July 12, reaching their lowest point since April. The four-week moving average also fell to 229,500. However, with continuing claims steady at around 1.96 million, many Americans still face hurdles in securing new employment opportunities.