U.S. Jobless Claims Slip to 197,000 as Four-Week Average Falls
Initial US unemployment claims declined by 1,000, while continuing claims and the four-week average also fell in the Labor Department’s October 1 report.
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Initial US unemployment claims declined by 1,000, while continuing claims and the four-week average also fell in the Labor Department’s October 1 report.
Unemployment measures people without jobs who are available and actively seeking work. Learn how the rate is calculated, why it changes, and what labor reports reveal.
Jobless claims count how many people apply for unemployment benefits in a period — a useful signal of labor market changes.