US Initial Jobless Claims Fall To 189,000, Labor Department Says: how 5 outlets framed it - NewsCord

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Initial jobless claims fell to 189,000 for week ending Oct 31, below expectations of 197,000. Four-week moving average dropped to 194,750, signaling continued subdued layoffs. The Labor Department said US initial jobless claims fell from an upwardly revised 195K to 189K in the week ending October 31, below market expectations of 197K. The Labor Department also said the previous week’s reading was revised up from 194K, and the four-week moving average declined from 197.00K to 194.75K. Reuters reported that initial claims for state unemployment benefits fell 6,000 to a seasonally adjusted 189,000 for the week ended October 31, matching the 189,000 level touched in mid-July.