The Labor Department released a report on Thursday showing first-time claims for unemployment benefits in the U.S. unexpectedly declined to a nearly nine-month low in the week ended October 14th.
The report said initial jobless claims fell to 198,000, a decrease of 13,000 from the previous week's revised level of 211,000.
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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.