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Jobless claims hit near 50-year low as employers hold workers despite weak hiring

Market News
22 Oct 2026
CNBC
View Source
Neutral
Jobless claims hit near 50-year low as employers hold workers despite weak hiring

Jobless claims in the U.S. fell to 194,000 last week, close to the lowest level since the late 1960s, reflecting a labor market where employers are reluctant to lay off workers despite slow hiring. Nonfarm payroll growth remains weak, with only 29,000 jobs added in September and an unemployment rate rising to 4.2% due to increased labor force participation. Layoffs have decreased, and job openings remain stable, signaling cautious employer behavior amid economic uncertainty. The Federal Reserve is expected to pause rate hikes in October but may raise rates again in December as inflation concerns persist.

Jobless claims in the U.S. near the lowest since the 1960s, signaling a tight labor market despite slow hiring. For readers following the U.S. market, here is Pluang's snapshot as of Oct 22, 2026 20:31 WIB: out of 150 priced US stocks, 56 rose and 93 fell. Notable movers include AMD at USD 522.00 with a 1-day change of -5.56%, Marvell Technology Inc at USD 231.18 down 5.55%, and Meta Platforms Inc at USD 662.90 down 4.96%, with varying Pluang order activity and typical hold times.

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