US initial jobless claims and continuing claims for the current week
Initial jobless claims 268K vs 260K estimate. Prior week revised to 269. This is the lowest level since March 14, 2021 it was 256K
4 week moving average 272.75K versus 278.5K. This is the lowest since March 14, 2020 when it was at 225.5K
Continuing claims 2.08M vs 2.120M estimate
4 week moving average of continuing claims 2.157K vs 2.257K last week. This is the lowest level since March 21, 2020
The largest increases in initial claims for the week ending November 6 were in Kentucky (+6,716), Ohio (+3,846),
Tennessee (+2,411), Illinois (+1,893), and Michigan (+1,564),
The largest decreases were in California (-4,222),
District of Columbia (-1,794), and Louisiana (-1,028).