U.S. Initial Jobless Claims Fall to 363,000

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Nov. 1 (Bloomberg) -- Applications for jobless benefits in the U.S. fell 9,000 to 363,000 in the week ended Oct. 27, the fewest in three weeks, the Labor Department reported today in Washington. Data for New Jersey and the District of Columbia were estimated because those offices were closed due to Hurricane Sandy, a spokesman said as the figures were released. Betty Liu and Michael McKee report on Bloomberg Television's "In the Loop." (Source: Bloomberg)