Job openings in the United States climbed to a three-month high in August, layoffs declined, and the job market was largely stable. The market awaits tomorrow's blockbuster non-farm payrolls data.
On Thursday, October 3, data released by the United States Department of Labor showed that the number of initial jobless claims in the United States for the week of September 28 was 225,000, a slight increase of 6,000 from the previous week, lower than the expected 221,000, and lower than the previous value of 218,000.
Before seasonal adjustments, initial jobless claims were 181,000, essentially unchanged from last week.
The four-week moving average fell below 224,250, the lowest since June.
The number of continuing jobless claims decreased by about 1,000 from the previous week to 1.83 million.
Treasury yields and the U.S. dollar index were little volatile after the news.
Bloomberg said initial jobless claims in the United States rose slightly this week, reflecting limited layoffs.
On Tuesday, October 1, the United States Bureau of Labor Statistics released JOLTS data showing that United States job openings climbed to a three-month high in August, and although overall job growth in the United States slowed, it remained largely stable. Meanwhile, layoffs fell in August.
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