Jobs
US Initial Jobless Claims Decline to Lowest Level Since April
- Applications for benefits fell 6,000 last week to 213,000
- Continuing claims rose, reflecting fallout from Boeing strike
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Applications for US unemployment benefits unexpectedly fell last week to the lowest level since April, illustrating a solid job market.
Initial claims decreased by 6,000 to 213,000 in the week ended Nov. 16. The median forecast in a Bloomberg survey of economists called for 220,000 applications.