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US applications for jobless aid fell to 233,000 last week as layoffs remain low

US applications for jobless aid fell to 233,000 last week as layoffs remain low
July 05, 2025  |  abcnews

Unemployment claims fell by 4,000 to 233,000, indicating few layoffs despite tariff uncertainties. Job creation exceeded expectations with 147,000 jobs added, and unemployment dipped to 4.1%. While layoffs are low overall, companies like Microsoft and Google have announced job cuts. The four-week average of claims decreased to 241,500, with 1.97 million Americans receiving benefits.
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