India, July 16 -- A report released by the Labor Department on Thursday showed first-time claims for U.S. unemployment benefits unexpectedly dipped in the week ended July 11th.

The Labor Department said initial jobless claims fell to 208,000, a decrease of 8,000 from the previous week's revised level of 216,000.

Economists had expected jobless claims to rise to 220,000 from the 215,000 originally reported for the previous week.

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