WASHINGTON (Reuters) - Claims for unemployment benefits fell more than expected and a moving average fell to a two-year low, pointing to some relief in the weak jobs market, a government report showed on Wednesday.
Initial claims for state unemployment benefits fell to a seasonally adjusted 435,000 in the week to November 6 from a revised 459,000, the Labor Department said. Analysts were expecting claims to slip to 450,000 from an initially reported 457,000.
The four-week moving average of claims, considered a better measure of underlying market trends, eased to 446,500, the lowest since September 2008.
(Reporting by Mark Felsenthal; Editing by James Dalgleish)
