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US Weekly Jobless Claims Fall to Near 57-Year Lows

Initial claims fell 6,000 to a seasonally adjusted 194,000 in the week ended October 17.

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12:35:58 PM UTC
SquawkNews
TABLE - US Labor Dept. jobless claims data
12:45:57 PM UTC
SquawkNews
MNI: US 17 OCT INITIAL JOBLESS CLAIMS 194K (200K 10 OCT)
12:46:51 PM UTC
SquawkNews
MNI: US 17 OCT INITIAL JOBLESS CLAIMS 194K (200K 10 OCT, REV FROM 199K)

The number of Americans filing new claims for unemployment benefits dropped to near 57-year lows last week, pointing to low layoffs and labor market stability.Initial claims for state unemployment benefits fell 6,000 to a seasonally adjusted 194,000 for the week ended October 17, the Labor Departm…