The number of U.S. workers filing applications for jobless benefits LEAD LEAD LEAD.
Initial jobless claims, an indication of layoffs, XXcreased by X,000 to a seasonally adjusted XXX,000 in the week ended LASTSATURDAY, the Labor Department said DAYofWEEK.
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Economists surveyed by Dow Jones Newswires had forecast XXX,000 new applications for jobless benefits last week.
Claims for the week ending PRIORSATURDAY were revised UP/DOWN to XXX,000 from an initially reported XXX,000.
The four-week moving average of claims, which smoothes out often volatile weekly data, GREW/FELL by X,XXX to XXX,XXX.
The data showed the number of continuing unemployment benefit claims--those drawn by workers for more than a week--increased by XX,000 to X,XXX,000 in the week ended PRIORSATURDAY. Continuing claims are reported with a one-week lag.
The number of workers requesting unemployment insurance was equivalent to X.X% of employed workers paying into the system in the week ended PRIORSATURDAY.
The Labor Department report on jobless claims can be accessed at: http://www.dol.gov/opa/media/press/eta/ui/current.htm.
Disregard the fragmentary jobless claims story that was published at 7:10 a.m. ET. The story was sent in error.
(END) Dow Jones Newswires
November 02, 2017 07:36 ET (11:36 GMT)