Jobless Claims in U.S. Hold at Lowest Level Since Mid-April

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The number of applications for U.S. unemployment benefits last week held at the lowest level since mid-April, further evidence of a strong labor market.

Jobless claims were unchanged at 254,000 in the week ended July 9, according to a Labor Department report released Thursday. The median estimate in a Bloomberg survey called for filings to increase to 265,000. In April, applications dropped to a four-decade low of 248,000.