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Original headline: US weekly jobless claims near 57 - year lows , underscore labor market stability
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DXY
▲ Likely positiveRelevance: medium
| Market | Currencies |
|---|---|
| Close on 10/21/2026 | 101.70 |
| Change that session | 0.00% |
Impact is scored by AI from the headline and may be wrong. It is not investment advice.
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- International Business : US jobless claims near 57 - year lows
The number of Americans filing new unemployment benefit claims fell to near 57-year lows last week, pointing to low layoffs and suggesting job growth may have picked up in October after weak September payrolls. Economists cite strong profit growth, robust domestic demand, a shrinking workforce from retirements and immigration curbs as reasons workers are being shielded from layoffs, though tighter financial conditions and higher rates from the Middle East conflict could weigh on the labour market next year. Initial claims fell 6,000 to a seasonally adjusted 194,000 for the week ended October 17, below the 200,000 forecast by economists polled by Reuters, while the four-week average dropped to 197,750, its lowest since 1969. The number of people receiving benefits after their first week rose 25,000 to a still-low 1.728 million in the week ended October 10. Economists still describe the labour market as 'low-hire, low-fire', with uncertainty from the war and tariffs stymying hiring.
- US weekly jobless claims near 57 - year lows amid low layoffs
- US weekly jobless claims near 57 - year lows amid low layoffs
- US jobless claims fell to 194 , 000 last week , lowest since July
U.S. unemployment claims fell to 194,000 last week from 200,000 the week before, the fewest in three months, a sign layoffs remain low. Claims have stayed at historically low levels this year, never topping 230,000 in a single week, and the four-week average dipped to 197,750. Hiring is sluggish in a “low-hire, low-fire” job market, and the unemployment rate ticked up to a still-low 4.2% last month. Employers have added an average of 68,000 jobs a month this year, better than 2025’s 9,700 but well below the 166,000 monthly average in 2023 and 2024.
- US jobless claims fell to 194 , 000 last week , lowest since July
US jobless claims fell to 194,000 last week, down from 200,000 the week before and the fewest in three months, according to the Labor Department. The four-week average dipped to 197,750, and claims have not topped 230,000 in any single week this year. The job market remains in a 'low-hire, low-fire' state, with the unemployment rate ticking up to 4.2% last month. Employers have added an average of 68,000 jobs a month so far this year, an improvement on 9,700 in 2025 but still well below the 166,000 monthly average for 2023 and 2024.
- Texas employment growth drops below long-term average as 19,000 jobs shed: Dallas Fed
The Dallas Fed's Texas Employment Forecast says job growth in Texas has slowed: 15,800 people joined the workforce in September, but the state lost 18,900 jobs that month. Year-to-date job growth is 0.8%, well below the state's long-run average of 2%, with government and construction posting the largest declines and manufacturing a bright spot. Dallas Fed senior business economist Luis Torres linked the slowdown to labor supply constraints, partly from sharply lower immigration. The latest forecast sees 0.9% job growth in 2026, down from the previous month's forecast, and the unemployment rate remains at 4.4%. Governor Greg Abbott cited 154,300 non-farm jobs added over the past year, a rate 0.8 percentage points above the national rate.
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