The U.S. Labor Department released its jobless claims figures on Thursday. The number of initial jobless claims in the week ending November 14 in the U.S. fell to 271,000 from 276,000 in the previous week, in line with expectations.
Jobless claims remained below 300,000 the 37th straight week. This threshold is associated with the strengthening of the labour market.
Continuing jobless claims decreased by 2,000 to 2,175,000 in the week ended November 07.