19,000 fewer US jobless claims at 241,000 for week ending Oct 12, after hurricane spike.

For the week ending October 12, U.S. jobless claims fell by 19,000 to 241,000, returning to typical levels after a spike due to hurricanes. The four-week average rose slightly to 236,250, and total individuals receiving benefits increased to 1.87 million, the highest since July. Analysts expect continued volatility in claims due to ongoing economic pressures and labor disputes, despite strong job growth in September.