Recurring applications for US unemployment benefits rose to the highest level since November 2021 during the past one and a half months, indicating that more Americans are remaining unemployed for longer periods. Despite this, applications for unemployment benefits declined for six consecutive weeks through mid-July, reaching the lowest level since April 2025, signaling some resilience in the labor market. Initial jobless claims fell to 217,000 in the week ending July 19, below estimates of 226,000 and prior claims of 221,000. However, continuing claims, which reflect the number of people still receiving benefits, remained elevated around 1.95 million, suggesting ongoing challenges for job seekers. Meanwhile, US job openings increased to 7.769 million in May, surpassing expectations and revised April figures, but then declined to 7.437 million in June, below forecasts of 7.5 million and down from the previous 7.769 million. These mixed labor market signals highlight a complex employment environment where job availability remains relatively high but the duration of unemployment is extending for many workers.