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The number of Americans filing for unemployment benefits last week fell by the most in three months as the job market continues to show resilience despite high interest rates. The Labor Department reported Thursday that applications for jobless claims fell by by 19,000 to 241,000 for the week of Oct. 12. That’s well below the 262,000 analysts were expecting. 

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Reuters

United Kingdom

US weekly jobless claims unexpectedly fall

The number of Americans filing new applications for unemployment unexpectedly fell last week, but could remain elevated in the near-term amid the effects of Hurricanes Helene and Milton, obscuring the labor market picture.

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The number of Americans filing for unemployment benefits last week came back down to more recent ranges after a big jump the week before due to hurricanes in the Southeast.

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United States

US filings for jobless applications retreat back to recent ranges after big jump due to hurricanes

The number of Americans filing for unemployment benefits last week came back down to more recent ranges after a big jump the week before due to hurricanes in the Southeast

abc News

The Walt Disney Company

US filings for jobless applications see the biggest decline in three months

The number of Americans filing for unemployment benefits last week came back down to more recent ranges after a big jump the week before due to hurricanes in…

Washington Top News

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The number of Americans filing for unemployment benefits last week fell by the most in three months as the job market continues to show resilience despite high interest rates.The Labor Department reported Thursday that applications for jobless claims fell by by 19,000 to 241,000 for the week of Oct. 12. That’s well below the 262,000 analysts were expecting. Applications for jobless benefits are widely considered representative of U.S. layoffs in…

WKMG

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US filings for jobless applications fall by 19,000, the biggest decline in the three months

New applications for unemployment benefits in the U.S. unexpectedly dropped last week, amid ongoing labor challenges from Hurricanes Helene and Milton and a Boeing strike. Initial claims fell to 241,000 while economists had expected 260,000. However, continued disruptions may obscure the true state of the labor market.

The Economic Times

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One week after hitting the highest level in more than a year, initial jobless claims retreated by 19,000 to 241,000, the Labor Department said Thursday.

MarketWatch

Murdoch family

Jobless claims retreat after last week’s sharp increase

The Labor Department reported Thursday that applications for jobless claims fell by by 19,000 to 241,000 for the week of Oct. 12.

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New York

U.S. jobless claims fall again after big jump due to hurricanes

ZeroHedge - On a long enough timeline, the survival rate for everyone drops to zero

Zero Hedge

Initial Jobless Claims Drop As Storm Impact Fades

Outside of the weather and labor strife, some recent labor market data has suggested that high interest rates may finally be taking a toll on the labor market.

US filings for jobless applications fall by 19,000, the biggest decline in the three months

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