US Jobless Claims Fall for Fourth Straight Week
Initial jobless claims in the U.S. decreased to 197,000 in the week ending September 26, marking the fourth consecutive weekly decline. This data point indicates continued economic resilience amidst inflationary pressures and subdued consumer confidence.
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US initial jobless claims fall to better‑than‑expected 197,000
S. jobless claims fell for a fourth consecutive week, another sign the economy is holding up despite rising prices and weak consumer sentiment. The number of people filing for unemployment benefits was 197,000 in the week through Sept. 26, 1,000 fewer than the previous week.