India, Oct. 29 -- The Labor Department released a report on Thursday unexpectedly showing a slight dip in first-time claims for U.S. unemployment benefits in the week ended October 24th.

The report said initial jobless claims edged down to 194,000, a decrease of 1,000 from the previous week's revised level of 195,000.

Economists had expected jobless claims to rise to rise to 199,000 from the 194,00 originally reported for the previous month.

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