Global Economic News

U.S. Weekly Jobless Claims Edge Down From Eight-Month High

After reporting modest increases in first-time claims for U.S. unemployment benefits over the three previous weeks, the Labor Department released a report on Thursday showing a slight pullback in initial jobless claims in the week ended July 23rd.

The report showed initial jobless claims edged down to 256,000, a decrease of 5,000 from the previous week's revised level of 261,000.

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by RTTNews Staff Writer

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