According to Odaily Planet Daily, the number of initial unemployment claims in the United States for the week ending October 19 was 227,000, the lowest since the week ending September 28, 2024. The expectation was 242,000, and the previous value was revised from 241,000 to 242,000.
The four-week average of initial unemployment claims in the United States for the week ending October 19 was 238,500, and the previous value was revised from 236,250 to 236,500.
The number of people continuing to claim unemployment benefits in the United States in the week ending October 19 was 1.897 million, which was expected to be 1.875 million. The previous value was revised from 1.867 million to 1.869 million.