The number of Americans filing new claims for unemployment benefits unexpectedly fell last week, indicating that the labor market remains tight even as job growth is slowing. Initial claims for state unemployment benefits dropped 12,000 to a seasonally adjusted 237,000 for the week ended July 8, the Labor Department said on Thursday. The Federal Reserve’s “Beige Book” report on Wednesday described demand for labor as having “remained healthy” in June with pockets of worker shortages in health care, transportation and hospitality as well as high-skilled positions.
— Read on ca.finance.yahoo.com/news/us-weekly-jobless-claims-unexpectedly-124211744.html
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