US / UI Claims decrease by 9,000 to 336,000, lowest level this fall

SEASONALLY ADJUSTED DATA

In the week ending November 2, the advance figure for seasonally adjusted initial claims was 336,000, a decrease of 9,000 from the previous week\’s revised figure of 345,000. The 4-week moving average was 348,250, a decrease of 9,250 from the previous week\’s revised average of 357,500.

The advance seasonally adjusted insured unemployment rate was 2.2 percent for the week ending October 26, unchanged from the prior week\’s unrevised rate. The advance number for seasonally adjusted insured unemployment during the week ending October 26 was 2,868,000, an increase of 4,000 from the preceding week\’s revised level of 2,864,000. The 4-week moving average was 2,866,000, a decrease of 8,500 from the preceding week\’s revised average of 2,874,500.

Chosen excerpts by Job Market Monitor. Read the whole story at 

via ETA Press Release: Unemployment Insurance Weekly Claims Report.