The number of initial jobless claims in the United States for the week ended October 12 was 241,000, lower than expected

According to Odaily Planet Daily, the number of initial unemployment claims in the United States for the week ending October 12 was 241,000, which was expected to be 260,000. The previous value was revised from 258,000 to 260,000.

The four-week average of initial unemployment claims in the United States for the week ending October 12 was 236,250, and the previous value was revised from 231,000 to 231,500.

The number of people continuing to claim unemployment benefits in the United States in the week ending October 12 was 1.867 million, in line with expectations for 1.865 million. The previous value was revised from 1.861 million to 1.858 million.