U.S. jobless claims rise more than expected in the week
FROM THE WIRE · WSJ.COM
The number of people who filed for unemployment benefits was 200,000 in the week through Nov. 7, higher than the revised 191,000 of a week earlier as well as economists' expectations of 195,000 new claims.
Read at the source ↗MARKET IMPACTNEUTRAL✦ News Impact agent estimateTone: expected bearishA labor market reading above expectations can weigh on rate expectations.AI-generated summary
✦ IN BRIEF · AIAI-generated summary
- 01Initial claims were 200,000 in the week through Nov. 7.
- 02The prior week was revised to 191,000.
- 03Economists had expected 195,000 new claims.