US weekly jobless claims hover near 57-year lows
Claims fell for a seventh straight week, and economists say the labor market is still showing low layoffs and steady job security.
- The Labor Department reported Thursday that Americans applying for unemployment benefits fell to 194,000 last week, the lowest level since mid-July.
- Applications for jobless benefits have remained at or below 200,000 for seven straight weeks, signaling that layoffs remain low as most Americans enjoy job security.
- The four-week average of claims fell to 196,750, a metric Economists watch closely because jobless applications provide early signs of where the labour market is headed.
- Investors are awaiting the hiring report due Friday Nov 6, as FactSet forecasters expect the EconomyUS added 55,000 jobs this month.
- Hiring has improved compared with last year, with employers adding an average of 68,000 jobs per month so far this year; jobless claims have never topped 230,000 in a single week.
28 Articles
28 Articles
US Weekly Unemployment Claims Fall to 194,000, Hover Near 57-year Lows
Get latest articles and stories on Business at LatestLY. The number of Americans filing new applications for unemployment benefits declined by 1,000 to 194,000 in the week ending October 24, 2026, while continuing jobless claims fell by 21,000 to 1.701 million. Business News | US Weekly Unemployment Claims Fall to 194,000, Hover Near 57-year Lows.
(New York = Yonhap News) Correspondent Kim Yeon-sook = Weekly new jobless claims in the U.S. remained near their lowest point in 57 years, demonstrating robust labor market resilience...
US weekly unemployment claims hover near 57-year lows
Initial unemployment claims in the United States have decreased slightly to 194,000 for the week ending October 24. Labour market conditions continue to demonstrate resilience, remaining below 200,000 claims since mid-September. The ongoing conflict between the US and Israel, including Iran, has led to employer hesitancy regarding hiring increases. Additionally, continuing claims have dropped to 1.701 million, reflecting decreased overall unempl…
U.S. Jobless Claims Unexpectedly Edge Lower
By Dean Seal U.S. jobless claims were subdued again last week, defying forecasts for an uptick as the labor market remains slow but sturdy. The number of people who filed for unemployment... -October 29, 2026 at 09:06 am EDT MarketScreener
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