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The four-week average of initial jobless claims dipped below 200,000 for the week ending Aug. 1.
Published by CBS News on August 8, 2026.
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- The job market goes into reverse: payrolls fall by 23,000 · cited for the FactSet forecast of 95,000
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The four-week average of initial jobless claims dipped below 200,000 for the week ending Aug. 1, marking the first time it has fallen below that threshold since October 2022, according to PNC Economics.