US Jobless Claims Drop to 194,000, Nearing a 57-Year Low

US jobless claims report concept with worker silhouette and employment chart

Here’s a number that keeps defying the gloom. US jobless claims fell 6,000 to a seasonally adjusted 194,000 in the week ended October 17, the Labor Department reported Thursday — beating the 200,000 economists polled by Reuters had expected and landing within striking distance of a 57-year low. It was the sixth straight week claims … Read more