By Jeffry Bartash
WASHINGTON (MarketWatch) -- The number of people filing initial claims for state unemployment benefits was flat at a seasonally adjusted 505,000 in the week ended Nov. 14, the Labor Department reported Thursday. Economists surveyed by MarketWatch expected initial claims to drop to 500,000. The level of initial claims in the week ended Nov. 7 was revised up by 3,000 to 505,000. The four-week average of initial claims dropped 6,500 to 514,000.
