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The Nexus
BUSINESSJul 23 · 12:50 UTCQUARTZCris Tolomia

Initial jobless claims fell to 187,000 last week, the lowest level this year

Initial jobless claims decreased by 22,000 to 187,000 last week, marking the largest single-week decline in months and the lowest level this year. The four-week average also dropped to 207,500.

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