The number of Americans filing for unemployment benefits increased less than expected last week, suggesting the labour market continued to tighten after recent hurricane-related disruptions. Other data on Thursday showed the goods trade deficit widened in September as an increase in exports was outpaced by a jump in imports. Labor market strength supports the view that the Federal Reserve will raise interest rates in December. Initial claims for state unemployment benefits increased 10,000 to a seasonally adjusted 233,000 for the week ended Oct. 21, the Labor Department said. ...
US jobless claims rise modestly as labour market tightens
The number of Americans filing for unemployment benefits increased less than expected last week