(Bloomberg) -- U.S. filings for unemployment benefits held near an almost five-decade low, indicating a robust job market, Labor Department figures showed Thursday.
ADVERTISEMENT
Jobless claims decreased by 1,000 to 214,000 in the week ended Nov. 3, in line with the median estimate in a Bloomberg survey of economists, from an upwardly revised reading the prior week. The four-week average of initial claims, a less-volatile measure, declined to 213,750.
ADVERTISEMENT