Global Economic News

U.S. Jobless Claims Drop More Than Expected To 709,000

A report released by the Labor Department on Thursday showed a bigger than expected decrease in first-time claims for U.S. unemployment benefits in the week ended November 7th.

The Labor Department said initial jobless claims fell to 709,000, a decrease of 48,000 from the previous week's revised level of 757,000.

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by RTTNews Staff Writer

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