U.S. Jobless Claims Rebound After Plunging to Four-Decade Low
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Filings for unemployment benefits in the U.S. rebounded last week from a four-decade low while remaining consistent with a firm labor market.
Jobless claims rose by 18,000 to 251,000 in the period ended Nov. 19, a Labor Department report showed Wednesday. The median forecast in a Bloomberg survey called for 250,000 applications. In the previous week that included the Veterans Day holiday, applications slumped to 233,000, the lowest since 1973.