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U.S. Initial Jobless Claims Rise to 199,000 for Week Ended Oct. 10

The U.S. Department of Labor revised the previous week’s figure to 198,000 from 197,000.

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Pedestrians pass the U.S. Department of Labor headquarters in Washington, D.C. (AI-generated image / EconoTimes)
Pedestrians pass the U.S. Department of Labor headquarters in Washington, D.C. (AI-generated image / EconoTimes)

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The U.S. Department of Labor (DOL) said the advance, seasonally adjusted initial-claims figure reached 199,000 for the week ended Oct. 10, up 1,000 from the revised prior-week level.

The department revised the previous week’s figure to 198,000 from 197,000.

DOL’s technical notes define an initial claim as a filing made by an unemployed person after leaving an employer to seek a decision on benefit eligibility.

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