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Jobless Claims Fall to Pandemic Low, Underscoring U.S. Rebound

  • Initial applications declined to 360,000 in week ended July 10
  • Minnesota, Mississippi and Wyoming saw no PUA claims
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U.S. Jobless Claims Fall to Fresh Pandemic Low
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Applications for U.S. state unemployment insurance fell last week to a fresh pandemic low, indicating that dismissals are easing as business conditions improve and firms look to increase headcounts.