US Jobless Claims Fall for a Sixth Week, Lowest Since Mid-April

Applications for US unemployment benefits fell for a sixth straight week, underscoring the resilience of the labor market.

Initial claims decreased by 4,000 to 217,000 in the week ended July 19, still the lowest since mid-April. That marked the longest stretch of declines since 2022, and the figure fell short of the median forecast in a Bloomberg survey of economists.