Initial jobless claims edge up to 199K in past week, as expected - TradingView

U.S. initial jobless claims for the week ended Oct. 10 rose by 1K to 199K from 198K in the prior week (revised from 197K), matching the consensus, according to data released by the U.S. Department of Labor on Thursday. Four-week moving average was 198,500, a rise of 250 from the prior week's average of 198,250 (revised from 198,000). Advance seasonally adjusted insured unemployment rate was 1.1% for the week ended Oct. 3, unchanged from the earlier week's unrevised rate. Continuing claims for the week ended Oct. 3 advanced to 1.710M, meeting consensus, from 1.714M prior (revised from 1.716M), the BLS said. Advance number of actual initial claims under state programs, unadjusted, totaled 190,626 in the week ended Oct.