Updated: 05-Nov-26 09:27 ET
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| Updated: 05-Nov-26 09:27 ET |
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Highlights
- Initial jobless claims for the week ending October 31 decreased by 6,000 to 189,000 (Briefing.com consensus: 197,000), which is the lowest level since July.
- Continuing jobless claims for the week ending October 24 increased by 23,000 to 1.718 million.
Key Factors
- The four-week moving average for initial claims decreased 2,250 to 194,750.
- The four-week moving average for continuing claims increased by 1,000 to 1,709,500.
- For the week ending October 17, claims for benefits under all programs increased 8,510 to 1,507,702, compared with 1,756,507 a year earlier.
Big Picture
- The key takeaway from the report is that there simply isn't much layoff activity. That consideration is an offshoot of a demand environment that is still looked at by employers as being quite solid overall.
| Category |
Oct 31 |
Oct 24 |
Oct 17 |
Oct 10 |
Oct 3 |
| Initial Claims |
189K |
195K |
195K |
200K |
198K |
| 4-Wk Moving Avg |
195K |
197K |
198K |
199K |
198K |
| Continued Benefits |
|
1718K |
1695K |
1722K |
1703K |
| 4-Wk Moving Avg |
|
1710K |
1709K |
1710K |
1707K |