Economy / Jobs & Wages
U.S. initial jobless claims fall to 189,000
New applications declined, while continuing claims increased in the earlier reporting week.
Status: source-checked.
New U.S. applications for unemployment benefits fell by 6,000 to a seasonally adjusted 189,000 in the week ending Oct. 31, the Labor Department said Thursday.
The department revised the previous week’s figure up by 1,000 to 195,000. The four-week moving average declined by 2,250 to 194,750.
Continuing claims, reported for the week ending Oct. 24, rose by 23,000 to 1,718,000. The insured unemployment rate remained 1.1%. These figures cover unemployment insurance, not the broader unemployment rate in the monthly jobs report.
The latest weekly figures are advance estimates and can be revised.
What we know / what we don't
What we know
- New U.S. applications for unemployment benefits fell by 6,000 to a seasonally adjusted 189,000 in the week ending Oct. 31, the Labor Department said Thursday.
What we don't know
- Advance estimates may be revised; projections and future outcomes are not independently established.
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