US initial jobless claims edged higher in the week ending October 10 but remained below 200,000, suggesting that layoffs continue to be relatively contained. According to the Department of Labor, seasonally adjusted initial claims rose from an upwardly revised 198,000 to 199,000, slightly exceeding expectations of 195,000. The previous week’s reading was revised up from […]The post US Jobless Claims Hold Below 200K as Labor Market Shows Little Sign of Weakening appeared first on ActionForex.