Number of applications for unemployment benefits in the United States dropped to 531 thousand

According to the U.S. Department of Labor, the number of initial claims for unemployment benefits declined for the past week.
Index fell for the week to Oct. 24 at 1 thousand to 531 thousand average value of the index over the past four weeks dropped to 6 tons to 526.25 thousand.
In the same time, the number of Americans continuing to receive unemployment benefits decreased by one week October 17 at 148 thousand to 5,8 million people. This indicator is at its lowest level since March this year.