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Jobless Claims Hit 50-Year Low as Labor Market Stays Strong
Posted
July 24, 2026
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July 24, 2026
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3:18Now PlayingThe latest jobless claims report suggests the U.S. labor market remains remarkably resilient. First-time unemployment claims fell to 187,000—the lowest level in more than 50 years—while continuing claims also declined, indicating layoffs remain limited and workers who lose their jobs are still finding new employment relatively quickly. Despite high-profile layoffs at companies like Microsoft, Amazon, and Meta, the broader job market continues to show strength, raising questions about what this means for hiring, the economy, and whether the Federal Reserve is likely to keep interest rates higher for longer. Jeffery Small, Partner at Retirement Income Source joins Alicia Summers.
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