The current level of unemployment applications remains near 60 year lows, reflecting what ZeroHedge describes as a "low-hire, low fire, low-inspire" economy. The data suggests a trend where both hiring and layoff activity have diminished relative to historical averages.
Friday, October 23, 2026
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US Jobless Claims Hit 4th Lowest Level Since 1960s at 194K
US Markets20 hours ago
The latest government data on newly filed unemployment benefits came in below the consensus forecasts of economists this past week. Initial claims for the week ending Oct. 17 fell 6,000 to 194,000, lower than the 200,000 estimate and the fourth lowest weekly count since the 1960s. Continuing claims for the week ending Oct. 10 rose 25,000 to 1.728 million, exceeding the predicted 1.71 million, while initial claims for that same period were revised to 200,000.
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