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U.S. Weekly Jobless Claims Unchanged At 227,000

(RTTNews) - The Labor Department released a report on Thursday showing first-time claims for U.S. unemployment benefits came in unchanged in the week ended November 16th.

The report said initial jobless claims came in at 227,000, unchanged from the previous week's revised level. Economists had expected jobless claims to dip to 219,000 from the 225,000 originally reported for the previous week.

Meanwhile, the Labor Department said the less volatile four-week moving average rose to 221,000, an increase of 3,500 from the previous week's revised average of 217,500.

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