US labour market data: Jobless claims drop to 233,000 as layoffs stay low; total unemployment rolls hold near 2 million
Thursday, 3 July 2025 US jobless claims fell to 233,000 last week, signaling a robust labor market despite economic uncertainties. The Labor Department's data showed a decrease of 4,000 claims, surpassing analyst predictions. The four-week moving average also declined, reinforcing the stability in employment trends, with the number of Americans receiving unemployment aid remaining steady.
Chancellor Rachel Reeves shares positive news from the labour market data released today, noting 384,000 more jobs since she took office despite a slight unemployment increase. She acknowledges more..
Thursday, 3 July 2025
![Reeves highlights job growth since becoming chancellor [Video]](https://video.newsserve.net/300/v/20250812/1419367996-Reeves-highlights-job-growth-since-becoming-chancellor.jpg)
