In the week ending November 29, the advance figure for seasonally adjusted initial claims was 191,000, a decrease of 27,000 from the previous week's revised level. This is the lowest level for initial claims since September 24, 2022 when it was 189,000. The previous week's level was revised up by 2,000 from 216,000 to 218,000. The 4-week moving average was 214,750, a decrease of 9,500 from the previous week's revised average. The previous week's average was revised up by 500 from 223,750 to 224,250. The advance seasonally adjusted insured unemployment rate was 1.3 percent for the week ending November 22, unchanged ... (full story)

The number of seasonally adjusted initial jobless claims in the United States in the week ending November 29 declined by 27,000 compared to the previous seven-day period to 191,000, the Department of Labor said in its report published on Thursday. The total figure came in significantly lower than expected. The four-week moving average dropped by 9,500 from the previous week's revised average to 214,750. The advance seasonally adjusted insured unemployment rate for the week ending November 22 remained at 1.3%. The advance number for seasonally adjusted insured unemployment decreased by 4,000 week-on-week to 1,939,000. ... (full story)