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U.S. Initial Jobless Claims Rise to 200,000, 5,000 Above Forecast

The prior week’s total was revised up to 191,000 from 189,000.

A blank benefits form beside two ascending red metal markers / TokenPost.ai
A blank benefits form beside two ascending red metal markers / TokenPost.ai

U.S. initial jobless claims reached 200,000 in the week ended Nov. 7, 5,000 above forecasts, as the prior week's total was revised up to 191,000.

The latest total rose 9,000 from the revised prior-week figure. Forecasts had called for 195,000 claims.

The prior week's total was initially 189,000 before being revised upward by 2,000 to 191,000. Initial claims count people filing for unemployment benefits for the first time.

Enna Lee

Reporter

Enna Lee reports on investing and digital-asset markets for TokenPost. Send corrections or tips to info@tokenpost.com.

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