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Jobless claims rise 8,000 to 216,000 in mid-July, but no sign layoffs are rising

Jeffry Bartash
Jobless claims rise 8,000 to 216,000 in mid-July, but no sign layoffs are rising

Applications for unemployment benefits rose slightly in mid-July, but the rate of layoffs clung to very low levels showing the U.S. labor market is still going strong more than a decade after the last recession. Initial jobless claims climbed by 8,000 to 216,000.