US Records 232K Initial Jobless Claims Mid-October
2025-11-18 10:14
By
Andre Joaquim
1 min. read
Initial jobless claims in the US totaled 232,000 on the week ending October 18th, remaining firmly above the averages from the period since the end of the second quarter.
It was the first data update by the Department of Labor since the US government shutdown its Federal operations in the first day of October, which risked the employment standing for a large portion of Federal government workers.
With the new entries, outstanding unemployment claims rose to 1.957 million in the previous week on non-seasonally adjusted basis, remaining relatively close to the highest level since 2021, and aligning with other evidence of lower hiring activity in the US economy.