US Jobless Claims Hold Below 200,000 as Labor Market Stays in ‘Low-Hire, Low-Fire’ Mode
The US jobless claims report arrived Thursday with almost no surprises — and that’s exactly the point. Initial claims for state unemployment benefits ticked up just 1,000 to a seasonally adjusted 199,000 for the week ended October 10, the Labor Department reported, holding below the 200,000 mark for the fifth straight week. Economists polled by … Read more