Story perspectives

Job claims slip to 10-week low as unemployment falls.

7/17/2026

Summary

Story summary

Weekly unemployment claims fell to 208,000 for the week ending July 11, lowest level in ten weeks, the U.S. Labor Department reported.
The four-week average dropped to 214,250 and filings for the week ending July 4 fell to 1.81 million, below the FactSet forecast of 219,000.
June’s jobs report added 57,000 jobs, lowered the unemployment rate to 4.2% from 4.3%, and layoffs included Microsoft’s 4,800-job cut and reductions at Verizon, UPS and Amazon.

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Story summary

Weekly unemployment claims fell to 208,000 for the week ending July 11, lowest level in ten weeks, the U.S. Labor Department reported.
The four-week average dropped to 214,250 and filings for the week ending July 4 fell to 1.81 million, below the FactSet forecast of 219,000.
June’s jobs report added 57,000 jobs, lowered the unemployment rate to 4.2% from 4.3%, and layoffs included Microsoft’s 4,800-job cut and reductions at Verizon, UPS and Amazon.