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- U.S initial jobless claims higher than expected last week
U.S initial jobless claims higher than expected last week
In the week ending November 24, the advance figure for seasonally adjusted initial claims was 234,000, an increase of 10,000 from the previous week's unrevised level of 224,000. The 4-week moving average was 223,250, an increase of 4,750 from the previous week's unrevised average of 218,500. The advance seasonally adjusted insured unemployment rate was 1.2 percent for the week ending November 17, unchanged from the previous week's unrevised rate. The advance number for seasonally adjusted insured unemployment during the week ending November 17 was 1,710,000, an increase of 50,000 from the previous week's revised level. The previous week's level was revised down by 8,000 from 1,668,000 to 1,660,000. The 4-week moving average was 1,667,750, an increase of 19,750 from the previous week's revised average. The previous week's average was revised down by 1,750 from 1,649,750 to 1,648,000.
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