First-time claims for U.S. unemployment benefits unexpectedly decreased in the week ended October 10th, according to a report released by the Labor Department on Thursday.
The report said initial jobless claims fell to 255,000, a decrease of 7,000 from the previous week's revised level of 262,000.
The drop surprised economists, who had expected jobless claims to climb to 270,000 from the 263,000 originally reported for the previous week.
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April 24, 2026 15:15 ET Economics news flow was relatively light this week even as the conflict in the Middle East continued, raising concerns for policymakers. In the U.S., spending data, initial jobless claims and pending home sales were the highlights. Business confidence in the biggest euro area economy was in focus in Europe. Inflation data from Japan gained attention in Asia.