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WASHINGTON – November marked a two-year low for the number of people applying for initial unemployment benefits, suggesting that the tight job market may be easing at last. The slowing of layoffs and a solid month for retailers are the latest evidence of a strengthening economy in the final months of the year. Even the struggling housing market showed signs of improvement: On Thursday, it posted a third straight monthly increase in signed contracts for home purchases. Some economists are now sketching a more optimistic forecast for Friday’s report on November employment, though few expect a change in the 9.6 percent unemployment rate. Still, the encouraging news helped extend a rally on Wall Street. The Dow Jones industrial average surged 106 points to close at 11,362.

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