US Jobless Claims Fall More than Expected


The number of Americans filing for unemployment benefits decreased by 13 thousand to 239 thousand in the week ended November 18th from the previous week's revised level of 252 thousand and below market expectations of 240 thousand.

Claims have been below 300,000 for 141 straight weeks, the longest such stretch since 1970.

The 4-week moving average was 239,750, an increase of 1,250 from the previous week's revised average. The previous week's average was revised up by 750 from 237,750 to 238,500.

Claims taking procedures continue to be disrupted in the Virgin Islands. The ability to take claims has improved in Puerto Rico.

The advance seasonally adjusted insured unemployment rate was 1.4 percent for the week ending November 11, an increase of 0.1 percentage point from the previous week's unrevised rate. 

The advance number for seasonally adjusted insured unemployment (continuing jobless claims) during the week ending November 11 was 1,904,000, an increase of 36,000 from the previous week's revised level. The previous week's level was revised up 8,000 from 1,860,000 to 1,868,000. The 4-week moving average was 1,890,000, an increase of 1,000 from the previous week's revised average. The previous week's average was revised up by 2,000 from 1,887,000 to 1,889,000. 

DOL | Joana Ferreira | joana.ferreira@tradingeconomics.com
11/22/2017 1:34:39 PM