U.S. jobless claims rose 1,000 to 199,000, staying below 200,000 for a fifth week

What happened: U.S. initial jobless claims rose 1,000 to 199,000, remaining below 200,000 for a fifth straight week, per the Labor Department. Key numbers: Initial claims 199,000, up 1,000. Continuing claims fell 4,000 to 1.71 million in the week ending Oct. 3. Why it matters: Claims staying under 200,000 for a fifth week signals a still-tight labor market, while the drop in continuing claims points to fewer people relying on unemployment benefits.

Jobless claims at 199,000, below 200,000 for fifth week signals tight labor market.

Jobless claims at 199,000, below 200,000 for fifth week signals tight labor market. — impact context not separately stored; see What changed.