US Jobless Claims Drop to Lowest Level in 3 Months

Recurring jobless claims ticked up as workers may be finding it harder to get a new job.
US Jobless Claims Drop to Lowest Level in 3 Months
Hiring ad displayed at a coffee shop in Kerrville, Texas, on July 9, 2025. Madalina Kilroy/The Epoch Times
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The number of Americans filing for new unemployment benefits declined for the fifth consecutive week to a three-month low as the U.S. labor market continues to perform at a solid pace.

Initial jobless claims declined by 7,000 to 221,000 for the week ending July 12, according to the Department of Labor.
Andrew Moran
Andrew Moran
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Andrew Moran has been writing about business, economics, and finance for more than a decade. He is the author of "The War on Cash."