Jobless claims for the week of October 24
Prior week unrevised to 259K vs. 259K initially. The 4-week average falls to 259,250 from 263,250 last week. Lowest since December 1993.
Continuing claims dropped to the lowest level since November 2000. They came in at 2.144K vs 2.160K est. The prior week was revised higher to 2181K vs 2171K estimate.
Overall, the claims data is suggestive of continued strength in the employment market.
