U.S. Jobless Claims Dropped Last Week
By Sarah Chaney andEric Morath, The Wall Street Journal
WASHINGTON—The number of Americans applying for first-time unemployment benefits fell last week, another signal of a buoyant job market.
Initial jobless claims, a proxy for layoffs across the U.S., fell 15,000 to a seasonally adjusted 233,000 in the week ended July 15, the Labor Department said Thursday. Economists surveyed by The Wall Street Journal had forecast 243,000 new claims.