The number of people applying for unemployment benefits for the first time in the US fell to a three-month low last week, indicating that the labor market remains stable. According to data released by the US Department of Labor on Thursday, the number of first-time jobless claims dropped by 6,000 to 194,000 in the week ending October 17. Economists surveyed by Bloomberg predicted a median value of 200,000. The previous week, the number of people continuing to claim unemployment benefits increased by 25,000 to 1.73 million, a six-week high. This data can be used to measure how many people are receiving unemployment benefits.
Zhitongcaijing · 1d ago
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The number of people applying for unemployment benefits for the first time in the US fell to a three-month low last week, indicating that the labor market remains stable. According to data released by the US Department of Labor on Thursday, the number of first-time jobless claims dropped by 6,000 to 194,000 in the week ending October 17. Economists surveyed by Bloomberg predicted a median value of 200,000. The previous week, the number of people continuing to claim unemployment benefits increased by 25,000 to 1.73 million, a six-week high. This data can be used to measure how many people are receiving unemployment benefits.
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