Day: October 19, 2023


Jobless Claims Fall to Nine-Month Low of 198,000

MarketWatch (10/19/23) Bartash, Jeffry The number of people who applied for unemployment benefits last week dropped to a nine-month low of 198,000, defying expectations that layoffs would increase as higher interest rates squeezed the economy. Economists had anticipated new claims in the week ended Oct. 14 would total 210,000. New jobless claims dropped from a revised 211,000 in the prior week, according to the government.

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