US initial jobless claims fell to 237k, better than expectation

<p>US initial jobless claims dropped -12k to 237k in the week ending July 8, below expectation of 250k. Four-week moving average of initial claims dropped -7k to -247k. Continuing claims rose 11k to 1729k in the week ending July 1. Four-week moving average dropped -11k to -1735k. Full US jobless claims release here.</p>
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