US Jobless Claims at 49 Years Low

US Jobless Claims at 49 Years Low

US weekly jobless claims fell by 8,000 to 207,000 vs. expectations of 220,000 and it was the lowest record since 1969.

According to data from US LAbor department;

– Weekly jobless claims in the week ending with July 7, fell by 8,000 and realized as 207,000.

It was the lowest weekly jobless claims data since 1969.

– Ongoing jobless claims rose by 8,000 and realised as 1 million 750 thousand.