MW: U.S. initial jobless claims sink 10,000 to 514,000
WASHINGTON (MarketWatch) - The number of people filing for state unemployment benefits fell by 10,000 to a seasonally adjusted 514,000 in the week ending Oct. 10, the Labor Department reported Thursday. It was the fifth decline in the past six weeks. Economists surveyed by MarketWatch expected initial claims to fall to about 510,000. The number of people collecting state benefits fell by 75,000 to a seasonally adjusted 5.99 million in the week ending Oct. 3, the lowest since March. Including federal programs, the number of people claiming benefits of any kind in the week ending Sept. 26 was 9.24 million, not seasonally adjusted, down 127,000 from 9.36 million in the previous week.
