BlockBeats News, August 6th. The number of initial jobless claims in the United States remained essentially unchanged last week, staying below 200,000 for the third consecutive week, highlighting the resilience of the labor market. Data released by the U.S. Department of Labor on Thursday showed that for the week ending August 1st, initial jobless claims edged up slightly to 199,000 people, contributing to a four-week average dropping to the lowest level since September 2022. Additionally, the number of continuing jobless claims rose to 1.8 million people last week, in line with expectations. Some economists expect that the July nonfarm payroll report, to be released on Friday, will show that employment growth remains robust, as consumer spending continues to support economic activity. (FXStreet)