According to the US Department of Labor, in the week ending November 21, the advance figure for seasonally adjusted initial claims was 466,000, a decrease of 35,000 from the previous week’s revised figure of 501,000. The 4-week moving average was 496,500, a decrease of 16,500 from the previous week’s revised average of 513,000.
The advance seasonally adjusted insured unemployment rate was 4.1% for the week ending November 14, a decrease of 0.2 percentage points from the prior week’s unrevised rate of 4.3%.
The advance number for seasonally adjusted insured unemployment during the week ending November 14 was 5,423,000, a decrease of 190,000 from the preceding week’s revised level of 5,613,000. The 4-week moving average was 5,613,750, a decrease of 98,500 from the preceding week’s revised average of 5,712,250.
The fiscal year-to-date average for seasonally adjusted insured unemployment for all programs is 5.866 million.
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