US applications for jobless benefits inch down, remain at historically healthy levels

A hiring sign is displayed at a restaurant in Rolling Meadows, Ill., Tuesday, Oct. 10, 2023. On Thursday, the Labor Department reports on the number of people who applied for unemployment benefits last week. (AP Photo/Nam Y. Huh)

Slightly fewer Americans applied for jobless claims last week, further indicating that the labor market remains strong in an era of high interest rates.

Applications for unemployment benefits fell by 3,000 to 217,000 for the week ending Nov. 4, the Labor Department reported Thursday.

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