Economics

Fewer Than 300,000 in U.S. File Jobless Claims for 10th Week

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Fewer Americans filed for unemployment benefits last week as the need to retain staff keeps firings at the lowest levels in more than a decade.

Jobless claims fell by 2,000 to 291,000 in the week ended Nov. 15 from an upwardly revised 293,000 in the prior period, a Labor Department report showed today in Washington. The median forecast of 51 economists surveyed by Bloomberg called for a decline to 284,000. It was the 10th straight week the number of claims has been lower than 300,000, which hasn’t happened since 2000.