Global Market: US weekly jobless claims drop more than expected
- Posted on June 26, 2026
- By Business News Today
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- 1 min read
Global Market: US weekly jobless claims drop more than expected
US unemployment claims saw a sharper-than-expected drop last week, signaling continued labor market strength. Despite this positive sign, a rise in continuing claims suggests employers are cautious about hiring, potentially impacting job seekers, especially recent graduates facing competition from AI. The median unemployment duration has also lengthened, indicating a tougher job search for many.
