US jobless claims fall by 15K

Seasonally adjusted initial claims in US during the week ending 7 October was 243,000, a decrease of 15,000 from the previous week's revised level, the Department of Labor said today.

The previous week's level was revised down by 2,000 from 260,000 to 258,000.

The 4-week moving average was 257,500, a decrease of 9,500 from the previous week's revised average.

The previous week's average was revised down by 1,250 from 268,250 to 267,000.