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Jobless claims rise slightly to 214,000 in mid-October, but remain near a 50-year low

October 17, 2019

The numbers: The number of unemployed workers who applied for jobless benefits in the second week of October rose slightly, but layoffs nationwide remained near a 50-year low and showed no sign of rising despite a slowdown in the U.S. economy.

Initial jobless claims, a rough way to measure layoffs, increased by 4,000 to 214,000 in the week of Oct. 6 to Oct. 12, the government said Thursday.

Economists polled by MarketWatch had forecast a 215,000 reading.

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