Applications for U.S. Jobless Benefits Were Unchanged Last Week
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Applications for unemployment benefits were unchanged in the first week of November, signaling employers with a healthier appetite for hiring are also holding the line on firings.
Jobless claims held at 276,000 in the week ended Nov. 7, a Labor Department report showed Thursday. The median forecast of economists surveyed by Bloomberg called for 270,000. Filings are holding just above the 255,000 reached in mid-July, which was the lowest level since late 1973.