International Economic

US initial jobless claims drop to 220,000

By Iain Gilbert

Date: Thursday 02 Jul 2026

(Sharecast News) - Americans lined up for unemployment benefits at a decelerated pace in the week ended 27 June, according to the Labor Department, with initial jobless claims dropping by 1,000 to 220,000.
Continuing claims, on the other hand, rose by 2,000 to 1.81m, while the four week moving average, which...

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