Initial Jobless Claims Rose by 53,000 in Second Week of October
Washington, DC, October 15, 2020-In the week ending October 10, the advance figure for seasonally adjusted initial claims was 898,000, an increase of 53,000 from the previous week's revised level, reports the Department of Labor.
The previous week's level was revised up by 5,000 from 840,000 to 845,000. The 4-week moving average was 866,250, an increase of 8,000 from the previous week's revised average. The previous week's average was revised up by 1,250 from 857,000 to 858,250.