CONSUMER PRICES ROSE
0.8 PERCENT DURING SEPTEMBERSoaring gasoline and heating oil prices pushed inflation at the retail level up 0.8 percent in September, the same gain as the previous month, the Labor Department said Thursday.
But excluding the volatile food and energy figures, the Consumer Price Index moderated its recent pace, climbing by 0.3 percent compared with an advance of 0.5 percent in August.
Wall Street economists had expected consumer prices to climb by 0.9 percent and 0.4 percent excluding food and energy.
US JOBLESS CLAIMS FALL
2,000 IN RECENT WEEK
WASHINGTON - New claims for state unemployment insurance benefits were made by 395,000 people during the week ended Oct. 6, down 2,000 on a seasonally adjusted basis from the previous week, the U.S. Labor Department said Thursday.
Initial claims were up 7,000 in the week ended Sept. 29 to a seasonally adjusted 397,000, Labor said.
In the week ended Sept. 29, 2.657 million people were reported claiming unemployment benefits under regular state programs, down 63,000 from the previous week's 2.594 million, Labor said.
The rate of insured unemployment during the week ended Sept. 29 stood at 2.5 percent, unchanged from the previous week.
WEEKLY EARNINGS ROSE
0.4 PERCENT IN SEPTEMBER
WASHINGTON - Average weekly earnings of workers other than on farms rose 0.4 percent in September, after adjustment for inflation and seasonal factors, the Labor Department said Thursday.
August earnings fell a revised 0.7 percent, Labor said, earlier reported as down 0.6 percent.