U.S. Jobless Claims Fall as July Trade Deficit Widens
Initial U.S. jobless claims unexpectedly dipped last week, underscoring ongoing labor market strength. At the same time, the country’s trade deficit in goods expanded beyond forecasts in July.
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US Weekly Jobless Claims Fall, Goods-Trade Deficit Widens
US initial jobless claims fell to a lower-than-expected 203,000 in the week ending August 22, while the goods-trade deficit grew to the widest since March 2025. Michael McKee reports on Bloomberg Television. (Source: Bloomberg)
Read full article →Jobs 'AI'pocalypse No! Initial Jobless Claims Hover Near Record Lows
Jobs 'AI'pocalypse No! Initial Jobless Claims Hover Near Record Lows The number of Americans filing for unemployment benefits for the first time dropped to 203k last week The first time initial jobless claims hit this level was in May 2022. New York and Illinois saw the largest rise in initial claims while California and New Jersey saw the biggest declines... Continuing jobless claims also dropped, holding below the 1.8 million Americans Maginot Line... Another week, an...
By Tyler Durden
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