US Jobless Claims Fall to 197,000, Lowest Since July
Updated
Updated · Bloomberg · Oct 1
US Jobless Claims Fall to 197,000, Lowest Since July
3 articles · Updated · Bloomberg · Oct 1
Summary
197,000 Americans filed initial unemployment claims in the week ended Sept. 26, down 1,000 from the prior week and below economists’ 200,000 median estimate.
Continuing claims also fell to a three-year low, reinforcing signs that the labor market remains healthy and layoffs subdued.
The latest drop extends a run of low claims that has underscored worker job security even as businesses face broader economic pressure.