Comment on Jobless Claims Drop, Fall Below Median Forecast

Jobless Claims Drop, Fall Below Median Forecast

WASHINGTON, Nov 1 (Reuters) - The number of Americans filing new claims for unemployment benefits fell last week, a sign the labor market's slow recovery was gaining traction. Initial claims for state unemployment benefits dropped 9,000 to a seasonally adjusted 363,000, the Labor Department said on Thursday. That was below the median forecast in a Reuters poll of 370,000.

 

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