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New data Initial Jobless Claims (Oct/26)

10/31/2024

actual 216, previous 228

The event is the Initial Jobless Claims report for the week ending on October 26th. It is a high-impact event in the economic calendar, particularly for the United States and the USD currency.

The actual number of initial jobless claims reported was 216K, which was lower than the previous week's figure of 228K. This represents a decrease of 12K or a change percentage of -5.263%.

A lower number of initial jobless claims is generally seen as positive for the economy, as it indicates fewer people filing for unemployment benefits. This can be a sign of a strong job market and overall economic health.

This is not investment advice. Remember to verify the information provided here.

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