
US labour market data: Jobless claims drop to 233,000 as layoffs stay low; total unemployment rolls hold near 2 million
The US labour market continues to defy expectations, with jobless claims falling and payrolls expanding, even as tech giants announce thousands of job cuts. New government data released Thursday showed a drop in unemployment claims alongside stronger-than-expected hiring in June. Jobless claims for the week ending June 28 declined by 4,000 to 233,000, the Labor…