The number of Americans filing for unemployment benefits rose more than expected last week, suggesting that claims processing disrupted by recent hurricanes has begun to improve. Initial claims for state unemployment benefits increased 10,000 to a seasonally adjusted 239,000 for the week ended Nov. 4, the Labor Department said on Thursday. Claims had fallen to 229,000 in the prior week, near a 44-1/2-year low, and remain well below the 300,000 level generally regarded as signaling a healthy labor market. Economists polled by Reuters had forecast claims rising to 231,000 in the ...
Hurricane impact: US jobless claims topped estimates last week, at 239,000
Economists polled by Reuters had forecast claims rising to 231,000 in the latest week