The U.S. weekly initial jobless claims fell to a six-week low last week

BlockBeats News, July 3rd. On Thursday, the US Department of Labor released data showing that for the week ending June 28th, the seasonally adjusted initial jobless claims decreased by 4,000 to 233,000, hitting a six-week low since mid-May, below economists' expectations of 240,000. However, the total number of continued jobless claims as of the week ending June 21st remained high at 1.964 million, the highest level since the fall of 2021. (FX678)