U.S. Initial Jobless Claims Drop to 187,000 in Week of July 18, Below 210,000 Forecast

U.S. initial jobless claims fell to 187,000 in the week of July 18, below the forecasted 210,000 and down from 208,000 in the previous week, according to Labor Department data. The lower-than-expected reading suggests continued resilience in the employment market.
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