JPMorgan and Goldman Sachs expect US initial jobless claims to decrease week-on-week

Jinse Finance reported that analysts from JPMorgan and Goldman Sachs estimate that the number of initial jobless claims in the United States may have decreased last week, but many people remain unemployed due to weak hiring. According to their estimates, in the week ending October 11, the seasonally adjusted number of initial jobless claims across states dropped from 235,000 in the previous week to 217,000. (Golden Ten Data)