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U.S. initial jobless claims rise to 200,000, Labor Department says
Labor Department: seasonally adjusted initial jobless claims rose to 200,000 in the week ended Nov. 7, an AP report carried by several outlets said.
- New headline Was: “US jobless claims tick up to 200,000 but remain low by historic standards”
- Our desk filed its story
Based on reporting by ABC News
Wire reporting: (AP, via ABC News)
The U.S. Labor Department said Thursday that seasonally adjusted initial unemployment insurance claims rose to 200,000 in the week ended Nov. 7, up 9,000 from a revised 191,000 the prior week, according to an Associated Press report carried by ABC News and other outlets1.
The AP account said the reading was above a 195,000 forecast cited in the report, while the four-week average of claims was unchanged at 195,2501.
The same report said claims have not exceeded 230,000 in any week this year and have been at or below 200,000 for nine consecutive weeks1.
AP also cited average monthly job gains of 86,000 so far this year, including 165,000 last month, and said consumer spending and investment in artificial intelligence have supported growth1.
