U.S. Initial Jobless Claims for Week Ending October 26 Lower Than Expected

According to Odaily, the number of initial jobless claims in the United States for the week ending October 26 was 216,000, which is lower than the expected 230,000. The previous week's figure was revised from 227,000 to 228,000. The four-week moving average of initial jobless claims was 236,500, slightly adjusted from the previous value of 238,500 to 238,750. Continuing jobless claims for the same week were reported at 1.862 million, below the anticipated 1.885 million. The prior week's continuing claims were revised from 1.897 million to 1.888 million.