Initial claims rose by 53,000 to a level of 898,000 in the October 10 week, well above expectations for a decline to 833,000. The four-week moving average for initial claims rose by 8,000 to 866,250 in the current week, the first increase after 10 straight declines, the Labor Department reported Thursday, based on state tallies. […]
US Initial Claims Surge; Manufacturing Data Mixed
