Initial Jobless Claims Beat At 401k

Headline: 401,000

Expectations: 410,000, range of 395,000 to 415,000

Last Week: 395,000, revised up from 391,000.

The 4-week moving average is at 414k, down from last week’s 418k.

For some historical context:

Initial Jobless Claims Though September 29

Photo: St. Louis Fed

NOW WATCH: Money & Markets videos

Want to read a more in-depth view on the trends influencing Australian business and the global economy? BI / Research is designed to help executives and industry leaders understand the major challenges and opportunities for industry, technology, strategy and the economy in the future. Sign up for free at research.businessinsider.com.au.