US DATA: Initial jobless claims +26k to 436k in Nov 27 holiday
week, above the 425k level expected following a dip in the prior week.
The Labor Dept analyst said seasonal factors expected a 16.9% drop, or
about 78,698, in unadjusted claims due to the 4-day, and in some cases
3-day, business week. Actual NSA claims -11.7%, or -54,196, to 410,617.
Initial claims rev up to 410k in Nov 20 week from prev reported 407k.
Despite the increase, the 4-wk moving avg -5,750 to 431,000, low since
Aug 2, 2008 wk. Continuing claims +53k to 4.270 mln in Nov 20 week.