AI Data Insight
The latest US 4-week moving average of initial jobless claims dropped to 207,500 in Q3 2026, a significant decline from the previous 214,300. Meanwhile, weekly initial claims plunged to 187,000, far below the market consensus of 212,000, hitting a new low since 1969. The strong performance of the labor market reflects companies' extremely low willingness to lay off workers, which will allow the Federal Reserve to continue focusing on controlling inflation under its dual mandate.