National Unemployment Insurance Claims Down

According to recent U.S. Department of Labor data, unemployment insurance claims fell six percent nationwide in the week ending on Oct. 3rd. This was the lowest number since January and the Fourth fall in claims in the past five weeks.

Claims dropped to 521,000 for the week ending on October 3rd from 554,000 the week before. That's a difference of 33,000 claims. So the advance seasonally adjusted insured unemployment rate came in at 4.5 percent as of the week that ended on September 26th.

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