Business

Weekly Jobless Claims Remain Near 3-Month Low

Planned job cuts surged in July, driven by DOGE-related actions, tariff fears, and artificial intelligence.
Weekly Jobless Claims Remain Near 3-Month Low
A hiring ad displayed at a coffee shop in Kerrville, Texas, on July 9, 2025. Madalina Kilroy/The Epoch Times
Andrew Moran
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The number of individuals filing new applications for unemployment benefits ticked up last week for the first time since early June.

According to the Department of Labor, initial jobless claims rose by 1,000, to 218,000 for the week that ended on July 26, remaining close to a three-month low.
Andrew Moran
Andrew Moran
Author
Andrew Moran has been writing about business, economics, and finance for more than a decade. He is the author of "The War on Cash."