265,000 claims weekly in October is the equivalent of an annual rate of 13.8 million total claims.
Claims in the last four months are now averaging roughly 266,000 weekly compared with the first half of the year at 326,000 weekly.
This means total claims are on track with two months left in the year to come in at a record low in the 21st century in the vicinity of 15.4 million total claims. The best record had been under George Bush with 16.2 million claims.
