US weekly jobless claims hover near 57-year lows
Initial claims for state unemployment benefits fell by 1,000 to a seasonally adjusted 194,000 for the latest week. Economists view the resilient labor market as remaining in a low-hire and low-fire state with historic low layoffs.
Initial claims for state unemployment benefits in the United States fell 1,000 to a seasonally adjusted 194,000 for the week ended October 24. That figure hovers near 57-year lows as labor market resilience keeps layoffs constrained. Economists had forecast 199,000 claims for the latest period.
