Another 1.3 million people filed first-time jobless claims last week in the US, according to the Department of Labor. That's down 10,000 from the prior week's revised level.
Weekly first-time unemployment applications have been on the decline for more than three months since their peak in the last week of March.
Continued claims, which count workers who have filed claims for at least two weeks in a row, stood at 17.3 million for the week ending July 4, down 422,000 from the prior week. These claims peaked in May at nearly 25 million.