US labour market holds firm as weekly lay-offs tumble to 57-year low
Summary
The number of Americans filing new claims for unemployment slipped to a 57-year last week as lay-offs remained low against the backdrop of a resilient labour market. Initial claims for state unemployment benefits fell 6,000 to a seasonally adjusted 189,000 for the week ended October 31, the Labour Department said on Thursday. Economists had forecast 196,000 claims for the latest week. Claims matched the 189,000 level touched in mid-July, which was the lowest reading since 1969. They have stayed...
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US labour market holds firm as weekly lay-offs tumble to 57-year low
The number of Americans filing new claims for unemployment slipped to a 57-year last week as lay-offs remained low against the backdrop of a resilient labour market. Initial claims for state unemployment benefits fell 6,000 to a seasonally adjusted 189,000 for the week ended...
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Jobless Claims Fall To 57-Year Low of 189,000
The number of people filing initial claims for unemployment benefits sank by 6,000 to 189,000 in the final week of October, tying the July 18 reading that was the lowest level of claims since 1969. The four-week average of initial claims, which economists look to for the...
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