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US weekly jobless claims fall more than expected

July 3, 2019


The number of Americans filing applications for unemployment benefits fell more than expected last week, pointing to sustained labor market strength that should help support a slowing economy.

Initial claims for state unemployment benefits dropped 8,000 to a seasonally adjusted 221,000 for the week ended June 29, the Labor Department said on Wednesday. Data for the prior week was revised to show 2,000 more applications received than previously reported.

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