US Initial Jobless Claims Fell to 194,000, Below Forecasts
According to the US Department of Labor, in the week ending October 17, initial jobless claims fell by 6,000 to 194,000, below market expectations of 200,000. Meanwhile, continuing claims rose to 1.728 million. It was previously reported that in September the US economy added only 29,000 jobs, while unemployment rose to 4.2%.
Sevara Azamova