The number of Americans filing for unemployment fell last week, marking the first decrease in a month. According to the latest statistics from U.S. Labor Department, jobless claims fell by 3,000 to 247,000 for the week ending in July 8. The 4-week average increased slightly to 1.949 million.

The unemployment rate for insured workers remains unchanged at 1.4 percent.

In total, the report signaled a strong demand for labor in the United States.