Initial jobless claims in the United States came in at 208,000 for the week ended July 11, below the market expectation of 217,000, according to an Odaily newsflash citing Jin10. The reading marked the lowest level since the week of May 2, 2026. The prior week's figure was revised to 216,000 from 215,000. Meanwhile, the four-week moving average stood at 214,250, with the previous reading revised to 219,000 from 218,750. The update points to a lower-than-expected weekly claims print based on the figures released in the report.
Initial jobless claims in the United States totaled 208,000 for the week ended July 11, according to an Odaily newsflash citing Jin10. That was below the expected 217,000 and marked the lowest level since the week of May 2, 2026.
The previous reading was revised to 216,000 from 215,000. The four-week moving average came in at 214,250, while the prior average was revised to 219,000 from 218,750.
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