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October 22, 2026

Jobless Claims Fall to 194,000, Lowest in Three Months

  • Initial jobless claims decreased to 194,000 for the week ending Oct. 17, the lowest level since July.
  • This figure indicates strong employer retention, with layoffs remaining low and a 1% layoff rate over the past year.
  • The four-week average of claims fell to 197,750, showing stability in the labor market despite sluggish hiring.

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