US Jobless Claims Stay Below 200,000 for Fourth Consecutive Week 📊 Initial jobless claims in the US fell by 2,000 to 197,000 in the week ending October 3, below the forecast of 200,000. Claims remained under 200,000 for a fourth consecutive week, reaching their lowest level since mid-July. 📉 Meanwhile, continuing claims rose by 17,000 to 1.716 million. Combined with September's modest nonfarm payroll increase of just 29,000, the figures reflect a labor market characterized by limited layoffs but sluggish hiring activity. 🏦 The report suggests US businesses have yet to accelerate workforce reductions, although labor demand remains weak. The expected impact on monetary policy is relatively limited, with the Fed still likely to keep interest rates unchanged at its late-October meeting. #USJobs $SOL