International Economic

US initial jobless claims fall from 14-month high

By Iain Gilbert

Date: Thursday 17 Oct 2024

(Sharecast News) - Americans lined up for unemployment benefits at a decelerated pace in the week ended 12 October, according to the Labor Department, down from a 14-month high in the previous week.
US initial jobless claims fell to 241,000, well below market expectations for a reading of 260,000, principally due...

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