Skip to content

Sunday, 8 November 2026 IST

Breaking

US jobless claims hit 57-year low

WASHINGTON: The number of Americans filing new claims for unemployment slipped to a 57-year last week as layoffs remained low against the backdrop of a resilient labor market.Initial…

US jobless claims hit 57-year low
US jobless claims hit 57-year low — image via Economic Times — Credit: Economic Times

Attributed summary

WASHINGTON: The number of Americans filing new claims for unemployment slipped to a 57-year last week as layoffs remained low against the backdrop of a resilient labor market.Initial claims for state unemployment benefits fell 6,000 to a seasonally adjusted 189,000 for the week ended October 31, the Labor Department said on Thursday. Economists polled by Reuters had forecast 196,000 claims for the latest week.Claims matched the 189,000 level touched in…

Read the original report — Economic Times

Storywire publishes attributed summaries for discoverability. Full reporting remains with the original publisher — we do not republish restricted full text.

Corrections