According to the US Department of Labor, in the week ending November 20, the advance figure for seasonally adjusted initial claims was 407,000, a decrease of 34,000 from the previous week’s revised figure of 441,000. The 4-week moving average was 436,000, a decrease of 7,500 from the previous week’s revised average of 443,500.

Advance Seasonally Adjusted Insured Unemployment Rate Decreases

The advance seasonally adjusted insured unemployment rate was 3.3% for the week ending November 13, a decrease of 0.1 percentage points from the prior week’s unrevised rate of 3.4%.

Advance Seasonally Adjusted Insured Unemployment Decreases

The advance number for seasonally adjusted insured unemployment during the week ending November 13 was 4,182,000, a decrease of 142,000 from the preceding week’s revised level of 4,324,000. The 4-week moving average was 4,309,000, a decrease of 51,500 from the preceding week’s revised average of 4,360,500.