NEW YORK TIMES: …Other data on Thursday showed factory activity increased in the mid-Atlantic region during October, although not enough to suggest an end to broader weakness in factory output.
Initial claims for state unemployment benefits rose a greater-than-expected 46,000 last week to a seasonally adjusted 388,000, the Labor Department said.
But the department cautioned that data over the last two weeks appeared distorted by a shift in the way one state was reporting its claims figures. A four-week moving average that smooths weekly volatility fell from a month earlier, suggesting the lackluster recovery in the job market was on track… (more)
