jobless benefits: The number of people who applied for U.S. jobless benefits fell 23,000 to 264,000 in the week that ended Oct. 11, hitting the lowest level since April 2000, showing that employers are laying off few workers, according to government data released Thursday. Economists surveyed by MarketWatch had expected initial claims for regular state unemployment-insurance benefits to bump up to 289,000 in the latest weekly data from 287,000 in the prior week, according to The four-week average of new claims, a smoother barometer of labor-market trends, fell by 4,250 to 283,500, also reaching the lowest level since 2000, the U.S. Labor Department reported and If you ve watched Wall Street lately, you know global tumult has rattled investors. But if anyones looking for encouraging economic news, look no further than the new figures from the Labor Department on initial unemployment claims.
(news.financializer.com). As
reported in the news.
Tagged under government data, initial claims topics.