According to the US Department of Labor, in the week ending November 30, the advance figure for seasonally adjusted initial claims was 298,000, a decrease of 23,000 from the previous week’s revised figure of 321,000. The 4-week moving average was 322,250, a decrease of 10,750 from the previous week’s revised average of 333,000.
Advance Seasonally Adjusted Insured Unemployment Remains Unchanged
The advance seasonally adjusted insured unemployment rate was 2.1% for the week ending November 23, unchanged from the prior week’s unrevised rate.
Advance Seasonally Adjusted Insured Unemployment Decreases
The advance number for seasonally adjusted insured unemployment during the week ending November 23 was 2,744,000, a decrease of 21,000 from the preceding week’s revised level of 2,765,000. The 4-week moving average was 2,796,500, a decrease of 32,500 from the preceding week’s revised average of 2,829,000.