US weekly jobless claims unexpectedly fall


FILE PHOTO: Signage for a job fair is seen on 5th Avenue in Manhattan, New York City, U.S. REUTERS/Andrew Kelly

WASHINGTON: The number of Americans filing new applications for unemployment benefits unexpectedly fell last week, suggesting that job growth likely rebounded in November after abruptly slowing last month amid hurricanes and strikes.

Initial claims for state unemployment benefits dropped 6,000 to a seasonally adjusted 213,000 for the week ended Nov. 16, the Labor Department said on Thursday. Economists polled by Reuters had forecast 220,000 claims for the latest week.

Follow us on our official WhatsApp channel for breaking news alerts and key updates!
US , unemployment , job ,

Next In Business News

The parcel overhang
Zero abandoned homes�by�2030?
Unmasking housing market pricing abuses
Ringgit likely to trade cautiously next week ahead of key US data
Powering a new reinvestment cycle as demand surges
Up in Arms - or up the value chain?
Asia bonds for diversification
AI disruption fears rock markets
Private equity hits a sixer
Dubai luxe property keeps booming

Others Also Read