Jobless Claims Are Better Than Expected At 1.3 million

Weekly jobless claims were lower than expected last week as workers slowly returned to their jobs in the wake of rising coronavirus cases.

Claims for the week ended July 4 totaled 1.314 million, compared with the 1.39 million expected from economists surveyed by Dow Jones. The total marked a decrease of 99,000 from a week ago, according to the Labor Department.

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