US weekly jobless claims fall to 197,000
Initial claims for state unemployment benefits slipped 2,000 to 197,000 for the week ended October 3.
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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.