[The number of initial jobless claims falls to a two-month low, but continuing claims remain high] Jin10 data reported on July 10 that the number of initial jobless claims in the United States for the week ending July 5 decreased by 5,000 to 227,000, marking the fourth consecutive week of decline and the lowest level in two months. The number of continuing claims rose to 1.97 million last week, the highest level since the end of 2021. During the summer school break and federal holidays, initial jobless claims tend to be unstable, as temporary and seasonal workers frequently cycle in and out of employment. This decrease in data indicates that employers are reluctant to lay off workers, but the rise in continuing claims suggests the challenges unemployed Americans face in finding jobs.