U.S. Jobless Claims Fell to 787,000 Last Week

23 October 2020

Weekly initial claims for jobless benefits, a proxy for layoffs, fell by 55,000 to a seasonally adjusted 787,000 in the week ended Oct. 17, the Labor Department said Thursday. Claims for the prior two weeks were revised lower, reflecting new data from California. The number of people collecting unemployment benefits through regular state programs, which cover most workers, decreased by 1 million to about 8.4 million for the week ended Oct. 10, also the lowest since March.(22.10.2020)
Source : WSJ 
Post by  : Republic of Turkey Ministry of Trade