Jobless claims fall 18,000 to 214,000 around July 4 holiday, back near 49-year low
July 12, 2018 at 08:40 AM EDT
Initial jobless claims, a tracker of sorts for layoffs in the U.S., sank in the first week of July back toward the lowest levels in almost 50 years. New claims fell by 18,000 to 214,000.