The number of Americans filing for unemployment benefits has remained below 200,000 for the fifth straight week, signaling sturdy labor market conditions. Initial jobless claims rose by 1,000 to 199,000 for the week ending on Oct. 10, according to the Department of Labor. This came in slightly below economists’ expectations. Excluding week-to-week volatility, the four-week […] The post Low Layoffs Keep Jobless Claims Below 200,000 for 5th Straight Week appeared first on CBNC.
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