US Initial Jobless Claims Rise Slightly in Week Ended Oct. 10

08:39 AM EDT, 10/15/2026 (MT Newswires) -- US initial jobless claims rose to a level of 199,000 in the week ended Oct. 10 from an upwardly revised 198,000 level in the previous week, compared with expectations for a level of 200,000 in survey of analysts compiled by Bloomberg as of 7:50 am ET. The four-week moving average rose by 250 to 198,500 after falling by 2,250 to a level of 198,250 in the previous week, breaking a string of five straight declines. Insured jobless claims fell by 4,000 to 1,710,000 in the week ended Oct. 3. The weekly initial jobless claims data released by the US Labor Department measures filings for unemployment insurance benefits. Initial filings are reported through the previous Saturday, while those already on benefits are measured with a one-week lag. A decrease in claims suggests a stronger labor market, a positive for the US economy and stocks, but a negative for bonds as it suggests wage growth that could lead to inflation.