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Financial News: U.S. Weekly Jobless Claims Pull Back Roughly In

U.S. Weekly Jobless Claims Pull Back Roughly In Line With Estimates

11/22/2017 - 08:40:00 (RTTNews)

(RTTNews) - After reporting an unexpected increase in first-time claims for U.S. unemployment benefits in the previous week, the Labor Department released a report on Wednesday showing a pullback in initial jobless claims in the week ended November 18th.

The report said initial jobless claims fell to 239,000, a decrease of 13,000 from the previous week's revised level of 252,000.

Economists had expected jobless claims to drop to 240,000 from the 249,000 originally reported for the previous week.

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