India, Nov. 5 -- With the release of the more closely watched monthly jobs report looming on Friday, the Labor Department released a report on Thursday showing an unexpected decline in first-time claims for U.S. unemployment benefits in the week ended October 31st.
The Labor Department said initial jobless claims fell to 189,000, a decrease of 6,000 from the previous week's revised level of 195,000.
Economists had expected jobless claims to inch up to 196,000 from the 194,000 originally reported for the previous week.
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