By Iain Gilbert
Date: Thursday 30 Jul 2026
(Sharecast News) - Americans lined up for unemployment benefits at an accelerated pace in the week ended 25 July, according to the Labor Department, with initial claims rising by 9,000 to 197,000 from the prior week's 57-year low.
Continuing claims, on the other hand, fell by 7,000 to 1.78m, below expectations of 1.8m, while the four week-moving average, which aims to strip out week-to-week volatility, dropped by 5,000 to 202,750.
Also of note, the advance seasonally adjusted insured unemployment rate came to 1.2% for the week ended 18 July, unchanged from the previous week's unrevised rate.
Reporting by Iain Gilbert at Sharecast.com
Special promo:
Trading the Forex Market? Visit FXmania.com to get advanced infomation about currencies and the Foreign Exchange
Market.
Email this article to a friend
or share it with one of these popular networks:
You are here: news