U.S. initial jobless claims fall to 194,000, a three-month low; labor market resilience may support the Fed's tightening path.
Zhitong Finance APP has learned that data released by the U.S. Department of Labor on October 22 showed that, for the week ending October 17, the number of initial claims for unemployment benefits in the United States, after seasonal adjustment, was 194,000, below the market expectation of 200,000, with the previous value at 199,000. This figure has remained below the 200,000 threshold for the sixth consecutive week.
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