Jobs
US Initial Jobless Claims Tick Up, Still Near Lowest This Year
- Claims for unemployment rose slightly to 227,000 last week
- Four-week moving average fell to the lowest since March
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US applications for unemployment benefits held near the lowest levels of the year, underscoring resilient demand for workers.
Initial claims for unemployment benefits ticked up by 6,000 to 227,000 in the week ending July 29, according to Labor Department data released Thursday. The median estimate in a Bloomberg survey of economists called for 225,000 applications.