WASHINGTON (dpa-AFX) - First-time claims for U.S. unemployment benefits fell by more than expected in the week ended November 15th, according to a report released by the Labor Department on Thursday.
The report said initial jobless claims dipped to 220,000, a decrease of 8,000 from the previous week's level of 228,000. Economists had expected jobless claims to edge down to 223,000.
The Labor Department said the less volatile four-week moving average also slipped to 224,250, a decrease of 3,000 from the previous week's average of 227,250.
Copyright(c) 2025 RTTNews.com. All Rights Reserved
Copyright RTT News/dpa-AFX
© 2025 AFX News