The U.S. Labor Department released its jobless claims figures on Thursday. The number of initial jobless claims in the week ending November 01 in the U.S. remained unchanged at 276,000.
Analysts had expected the initial jobless claims to decrease to 270,000.
Jobless claims remained below 300,000 the 36th straight week. This threshold is associated with the strengthening of the labour market.
Continuing jobless claims increased by 5,000 to 2,174,000 in the week ended October 31.