Jobs
US Initial Jobless Claims Tick Up, Remaining at Pre-Covid Levels
- New applications increased by 3,000 to 221,000 last week
- Continuing filings at the highest since 2021 in prior week
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Applications for US unemployment benefits picked up last week, remaining near average pre-pandemic levels.
Initial claims increased by 3,000 to 221,000 in the week ended Nov. 2. That was roughly in line with the median forecast in a Bloomberg survey of economists.