US Labor Dept. jobless claims data
SPY•Initial U.S. jobless claims fell to 194,000 in the week ended Oct. 24, below economists’ 199,000 forecast and down from a revised 195,000 the prior week.
1. Claims data
The four-week average of initial claims was 196,750, down from a revised 198,000. Continued claims and the insured unemployment rate for the week ended Oct. 24 were not available; for the prior week, continued claims were revised to 1.701 million and the insured unemployment rate was 1.1%.
