By Kevin Kastner
WASHINGTON (MNI) - Initial claims for U.S. state unemployment
benefits fell by 13,000 to 263,000 in the October 3 week, a larger drop
than expected, data released by the Labor Department Thursday showed.
Expectations for this week's data were for an adjusted claims level
of 272,000, which would have been down from the previous week's 277,000
level. The September 26 week's claims level was revised down slightly to
The Labor Dept said there were no special factors, but noted that
the Labor Dept estimated South Carolina's claims, while Nevada sent in
their own estimate.
Seasonal adjustment factors had expected an increase of 11.4% in
unadjusted claims, or 24,608, from the previous week.