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Applications for unemployment benefits fell to their lowest level in more than three years last week, potentially complicating the federal reserve’s upcoming decision on interest rates.

The number of americans applying for jobless benefits for the week ending nov 29 fell to 191,000 from the previous week’s 218,000, the labor department reported thursday Economy drop in unemployment filings likely exaggerated by thanksgiving holiday Applications for us unemployment benefits fell last week to the lowest in more than three years, indicating that employers are still largely holding onto workers despite a wave of recent layoff. The labor department reported thursday that jobless claims for the week ending july 26 ticked up by 1,000 to 218,000, less than the 225,000 new applications analysts forecast