Jobless claims rise 3K to 217K

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• Initial Jobless Claims: +3K to 217K vs. 223K expected and 214K prior (unrevised).
• 4-week moving average was 219,000 up from 212,250.
• Continuing jobless claims of 1.438M vs. 1.388M consensus and 1.383M prior.
• The advance seasonally adjusted insured unemployment rate was 1.0% for the week ending Oct. 15, unchanged from the previous week's unrevised rate.
• The advance number of actual initial claims under state programs, unadjusted, totaled 183,301 in the week ending Oct. 22, an increase of 4,512 (or 2.5%) from the previous week. The seasonal factors has expected an increase of 2,141 (or 1.2%) from the previous week.