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Jobless claims fall to 194,000, near the lowest level since the 1960s

Fewer Americans are filing for unemployment benefits than at almost any time in decades. That says a lot about layoffs, and less about hiring.

Finvestex Desk · 2 min read
Jobless claims fall to 194,000, near the lowest level since the 1960s — slide 1 of 6Jobless claims fall to 194,000, near the lowest level since the 1960s — slide 2 of 6Jobless claims fall to 194,000, near the lowest level since the 1960s — slide 3 of 6Jobless claims fall to 194,000, near the lowest level since the 1960s — slide 4 of 6Jobless claims fall to 194,000, near the lowest level since the 1960s — slide 5 of 6Jobless claims fall to 194,000, near the lowest level since the 1960s — slide 6 of 6
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The US Labor Department reported on Thursday, Oct 22, that 194,000 people filed new claims for unemployment benefits in the week ended Oct 17. That is a seasonally adjusted figure, and it is the kind of number that is easy to skim past. It shouldn't be.

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General market information for educational purposes — not investment advice. Figures come from the linked sources.