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EconomyWeekly Jobless Claims Drop to 187,000 — Lowest Level in More Than 50 YearsMortgage & Housing30-Year Mortgage Rate Ticks Up to 6.58% in Latest Freddie Mac Weekly SurveyBankingTop CD Rates Hit 4.20% APY — Savers Weigh Locking In Ahead of Tuesday's Fed DecisionConsumer NewsSSI Recipients Receive Two Deposits in July Due to August Calendar QuirkDebtAverage Credit Card Interest Rate Holds at 23.79% for the Second Consecutive MonthEconomyWeekly Jobless Claims Drop to 187,000 — Lowest Level in More Than 50 YearsMortgage & Housing30-Year Mortgage Rate Ticks Up to 6.58% in Latest Freddie Mac Weekly SurveyBankingTop CD Rates Hit 4.20% APY — Savers Weigh Locking In Ahead of Tuesday's Fed DecisionConsumer NewsSSI Recipients Receive Two Deposits in July Due to August Calendar QuirkDebtAverage Credit Card Interest Rate Holds at 23.79% for the Second Consecutive Month
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Today’s Lead Story
Friday, July 24

Economy

Weekly Jobless Claims Drop to 187,000 — Lowest Level in More Than 50 Years

via U.S. News & World Report

First-time unemployment filings fell to 187,000 for the week ending July 18 — down 22,000 from the prior week and the smallest weekly reading since September 1969. Despite ongoing global economic uncertainty, U.S. layoffs remain at historically low levels.

Why it matters

A historically stable job market gives most working households a stronger foundation for paying down debt, building savings, or making larger financial commitments.

See all today’s storiesRead source

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