UI Weekly Claims in US (Week ending November 21) – 778,000, an increase of 30,000 from the previous week’s

In the week ending November 21, the advance figure for seasonally adjusted initial claims was 778,000, an increase of 30,000 from the previous week’s revised level. The previous week’s level was revised up by 6,000 from 742,000 to 748,000. The 4-week moving average was 748,500, an increase of 5,000 from the previous week’s revised average. The previous week’s average was revised up by 1,500 from 742,000 to 743,500.

The advance seasonally adjusted insured unemployment rate was 4.1 percent for the week ending November 14, a decrease of 0.2 percentage point from the previous week’s unrevised rate. The advance number for seasonally adjusted insured unemployment during the week ending November 14 was 6,071,000, a decrease of 299,000 from the previous week’s revised level. The previous week’s level was revised down by 2,000 from 6,372,000 to 6,370,000. The 4-week moving average was 6,615,250, a decrease of 438,000 from the previous week’s revised average. The previous week’s average was revised down by 1,250 from 7,054,500 to 7,053,250.

Chosen excerpts by Job Market Monitor. Read the whole story @ Unemployment Insurance Weekly Claims Report

Source: Calculated Risk: Weekly Initial Unemployment Claims increased to 778,000