Unemployment in the US is declining

US jobless claims fell for the first time in four weeks, reaching 256,000, according to US data.

US Department of Labor data showed initial jobless claims fell by 5,000 to 256,000 in the week ended July 23.

The number of initial applications for unemployment benefits in the US last week reached 261,000.

Analysts polled by the DailyFX portal had expected the index to rise (week ending July 23) to 253,000.

Source: RT+Prime

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