By Kate Davidson and Harriet Torry
WASHINGTON-The number of Americans applying for initial jobless claims increased last week following a dip the previous week, but remained at a historically low level.
--Initial jobless claims were up 4,000 to 214,000 in the week ended Oct. 12, the Labor Department said Thursday. Economists surveyed by The Wall Street Journal had expected 215,000 claims.
--The four-week moving average of claims, which smoothes out volatility in the weekly data, was 214,750. That was up slightly from the previous week's 213,750 average.
--Claims for the week ended Oct. 5 were unrevised from an initially reported 210,000.
-Continuing claims, those filed by workers unemployed for longer than a week, fell by 10,000 to 1.68 million in the week ending Oct. 5.
The Labor Department report on jobless claims can be accessed at: https://www.dol.gov/ui/data.pdf
Write to Kate Davidson at firstname.lastname@example.org and Harriet Torry at email@example.com.
(END) Dow Jones Newswires
October 17, 2019 08:45 ET (12:45 GMT)
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