US Jobless Claims at 1-Month Low


The number of Americans filling for unemployment benefits decreased by 8 thousand to 211 thousand in the week ended November 2nd from the previous week’s revised level of 219 thousand and compared with market expectations of 215 thousand. It is the lowest level since the week ended October 5th.

The 4-week moving average was 215,250, an increase of 250 from the previous week's revised average. The previous week's average was revised up by 250 from 214,750 to 215,000. 

According to unadjusted data, the largest declines were reported in Virginia (-1,345), Georgia (-1,250) and California (-1,213) while the biggest rises were seen in Illinois (+2,475), Colorado (+1,292) and Pennsylvania (+1,019).

The advance seasonally adjusted insured unemployment rate was 1.2 percent for the week ending October 26, unchanged from the previous week's unrevised rate. 

The advance number for seasonally adjusted insured unemployment during the week ending October 26 was 1,689,000, a decrease of 3,000 from the previous week's revised level. The previous week's level was revised up 2,000 from 1,690,000 to 1,692,000. The 4-week moving average was 1,686,750, unchanged from the previous week's revised average. The previous week's average was revised up by 500 from 1,686,250 to 1,686,750.

US Jobless Claims at 1-Month Low


DOL | Agna Gabriel | agna.gabriel@tradingeconomics.com
11/7/2019 1:39:21 PM