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Urgent: The release of US unemployment benefits data is contrary to expectations.. And the markets We interact The number of Americans filing new claims for unemployment benefits declined over the past week, indicating that the labor market remains stable, despite the noticeable slowdown in job growth during June. The U.S. Department of Labor announced on Thursday that initial claims for state unemployment benefits fell by 2,000 to 215,000 claims after adjustment for seasonal factors, for the week ending July 4. The reading was better than economists’ expectations, who had predicted 218,000 claims. This performance strengthens estimates suggesting that the U.S. labor market still has significant resilience, despite slowing economic activity and tighter monetary policy.#USJoblessClaimsFallTo215K $SPCXB $XAU