The number of Americans filing new applications for unemployment benefits fell to a seven-month low last week, suggesting layoffs remained low, though the labor market is struggling to generate enough jobs for those out of work amid economic uncertainty.

US initial jobless claims came in at 191,000, lower than the expected 220,000, according to the Department of Labor.

The dollar index (DXY00) on Thursday rose by +0.17%. The dollar recovered from a 5-week low on Thursday and moved higher after US weekly initial unemployment claims unexpectedly fell to a 3-year low,

The number of Americans filing new applications for unemployment benefits fell last week, but more out of work people are struggling to find new opportunities amid weak hiring. Initial claims for state unemployment benefits dropped 8,

Futures for the Dow Jones Industrial Average and other major stock indexes rose modestly in premarket trading Thursday, as Wall Street awaited weekly jobless claims. Among the losers, artificial intelligence stock Snowflake SNOW plunged on the stock market today after the company's earnings results.