The number of Americans filing new applications for unemployment benefits fell last week, but stayed at levels consistent with a further loss of labor market momentum in June. Initial claims for state unemployment benefits dropped 5,

The number of Americans applying for unemployment benefits dipped to 245,000 last week amid uncertainty over President Donald Trump’s trade policies

U.S. jobless claims ticked down slightly from 250,000 the week before. Economists had expected last week’s claims to match that at 250,000.