Jobless Claims Fell to 293K in First Full Week of October

October 14, 2021 from Floor Focus FloorDaily.net News

Washington, DC, October 14, 2021-In the week ending October 9, the advance figure for seasonally adjusted initial claims was 293,000, a decrease of 36,000 from the previous week’s revised level, according to the Department of Labor.

This is the lowest level for initial claims since March 14, 2020 when it was 256,000.

The previous week’s level was revised up by 3,000 from 326,000 to 329,000. The 4-week moving average was 334,250, a decrease of 10,500 from the previous week’s revised average. This is the lowest level for this average since March 14, 2020 when it was 225,500. The previous week’s average was revised up by 750 from 344,000 to 344,750.