HERSHEY, PA - NOVEMBER 4: Grayson Williams, 1, holds a Donald Trump campaign sign during a rally for the Republican Presidential nominee at Giant Center November 4, 2016 in Hershey, Pennsylvania. Polls have narrowed in the waning days of the campaign before election day on November 8. (Photo by Mark Makela/Getty Images)
The numbers:Â The number of Americans losing their jobs and applying for unemployment benefits each week remained near a 49-year low in mid-October, suggesting no visible deterioration in a U.S. labor market.
Initial jobless claims, one measure of layoffs, dropped by 5,000 to 210,000 in the seven days ended Oct. 13. That matched the average forecast of economists polled by MarketWatch.
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