SUBSCRIBERS: Please Disregard Jobless Claims Fragment

Features Dow Jones Newswires

The number of U.S. workers filing applications for jobless benefits LEAD LEAD LEAD.

Continue Reading Below

Initial jobless claims, an indication of layoffs, XXcreased by X,000 to a seasonally adjusted XXX,000 in the week ended LASTSATURDAY, the Labor Department said DAYofWEEK.

Economists surveyed by Dow Jones Newswires had forecast XXX,000 new applications for jobless benefits last week.

Claims for the week ending PRIORSATURDAY were revised UP/DOWN to XXX,000 from an initially reported XXX,000.

The four-week moving average of claims, which smoothes out often volatile weekly data, GREW/FELL by X,XXX to XXX,XXX.

The data showed the number of continuing unemployment benefit claims--those drawn by workers for more than a week--increased by XX,000 to X,XXX,000 in the week ended PRIORSATURDAY. Continuing claims are reported with a one-week lag.

Continue Reading Below

The number of workers requesting unemployment insurance was equivalent to X.X% of employed workers paying into the system in the week ended PRIORSATURDAY.

The Labor Department report on jobless claims can be accessed at: http://www.dol.gov/opa/media/press/eta/ui/current.htm.

Disregard the fragmentary jobless claims story that was published at 7:10 a.m. ET. The story was sent in error.

(END) Dow Jones Newswires

November 02, 2017 07:36 ET (11:36 GMT)