US: Weekly Initial Jobless Claims Decline to 326K

There were 326,000 initial claims for unemployment benefits in the US during the week ending October 2, the data published by the US Department of Labor (DOL) revealed on Thursday. experts’ estimates agreed that US unemployment claims are expected to reach 348,000, and these numbers are positive.

Yesterday, the ADP Unemployment Report was released and came positive as it recorded 568 thousand new jobs for the US economy, while it was expected to add 428 thousand new jobs.