(ABM FN-Dow Jones) US jobless claims fell slightly for the first time in the week ended Oct. 29. This was revealed on Thursday from figures from the US Department of Labor.
The number of new applications for unemployment benefits fell by 1,000 to 217,000. The number rose by 1,000 to 218,000 from a week ago.
Economists had already taken into account 220,000 new applications.
The four-week moving average was 218,750 applications. This is 500 less than a week ago.
The number of extended assistance applications for the week ended October 22 was 1.485 million applications, 47,000 more than a week earlier.
Source: ABM Financial News
From Beursplein 5, its authors ABM Financial News Keep a close eye on developments in the stock markets and particularly the Amsterdam Stock Exchange. The information contained in this column does not constitute professional investment advice or a recommendation to make specific investments.
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