U.S. Jobless Claims Rise; Third-Quarter Productivity Posts Surprise Gain

Reuters, Nov. 5, 2015–Mutikani, Lucia

New U.S. applications for unemployment benefits last week recorded their largest increase in eight months, but remained at levels consistent with a fairly healthy labor market. Other data on Thursday showed a surprise gain in productivity in the third quarter after a drop in self-employment contributed to overall hours worked falling for the first time in six years.

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