![](images/dot.gif) |
Economy News |
|
|
US Weekly Jobless Claims Fall More Than Expected
26-Jul-2024
The number of Americans filing new applications for unemployment benefits fell more than expected last week as distortions from the weather and temporary automobile plant closures faded.
Initial claims for state unemployment benefits dropped 10,000 to a seasonally adjusted 235,000 for the week ended July 20, the Labor Department said on Thursday. Economists polled by Reuters had forecast 238,000 claims for the latest week.
Claims had increased in the prior week to the upper end of their 194,000-245,000 range for this year, lifted by a surge in applications in Texas related to disruptions from Hurricane Beryl. Temporary automobile plant closures for retooling also contributed to the rise.
News Source:- https://money.usnews.com/investing/news/articles/2024-07-25/us-weekly-jobless-claims-fall-more-than-expected
|
|
|
|
|
![](images/dot.gif) |
Notes:
1. Copyright and ownership of all content from IMC and other IMC sites belongs to IMC except third-party resources
2. Copyright, intellectual property right, ownership or responsibility of error of other content belong to respective sources
3. Please do not reply to this mail
For suggestions and feedback click here.
Disclaimer:
IMC is not responsible for any kind of loss arising due to the information. You are receiving this newsletter because you have subscribed to this service. To unsubscribe click here.
Head Office :
IMC Bldg., IMC Marg,
Churchgate, Mumbai - 400 020 India | Tel : 91-22-22046633 | Fax : 91-22-22048508 / 22838281
E-Mail : imc@imcnet.org | Website : www.imcnet.org |
|
|
|