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Unemployment Insurance Weekly Claims
In the week ending November 10, the advance figure for seasonally adjusted initial claims was 216,000, an increase of 2,000 from the previous week's unrevised level of 214,000. The 4-week moving average was 215,250, an increase of 1,500 from the previous week's unrevised average of 213,750. The advance seasonally adjusted insured unemployment rate was 1.2 percent for the week ending November 3, an increase of 0.1 percentage point from the previous week's unrevised rate. The advance number for seasonally adjusted insured unemployment during the week ending November 3 was 1,676,000, an increase of 46,000 from the ... (full story)
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Jobless claims edge up to 216,000, but still near historic lows
The number of Americans who applied for unemployment benefits in mid-November rose slightly, but they remained near historic lows. Initial jobless claims, a rough way to measure layoffs, edged up by 2,000 to 216,000 in the seven days ended Nov. 10. That was a bit higher than the 210,000 forecast of economists polled by MarketWatch. The monthly average of new claims also rose, up 1,500 to 215,250. What happened: New jobless claims have totaled fewer than 220,000 for 19 weeks in a row, a remarkably long stretch of scant layoffs. They haven’t been this low since the early 1970s and don’t look to rise much anytime ... (full story)