Weekly unemployment claims
U.S. initial unemployment-benefit claims fell to a seasonally adjusted 197,000 in the week ended October 3, the Labor Department reported on October 8. That was 2,000 fewer than the previous week's revised 199,000. [1]
The department raised the prior week's initial estimate by 2,000. The four-week average of initial claims fell 2,500 to 198,000. [1]
Continuing claims, reported a week behind initial applications, rose 17,000 to 1.716 million for the week ended September 26. The preceding week's figure was revised down by 2,000 to 1.699 million. The insured unemployment rate remained at 1.1%. These figures are seasonally adjusted. [1]
Sources
- U.S. Department of Labor: October 8 weekly unemployment insurance release ↗Official source · PDF