US Jobless Claims Fall More than Expected

The number of Americans filling for unemployment benefits decreased by 15 thousand to 213 thousand in the week ended November 23 from the previous week's upwardly revised 228 thousand and below market expectations of 221 thousand.
DOL | Luisa Carvalho | luisa.carvalho@tradingeconomics.com 11/27/2019 1:47:42 PM
The 4-week moving average was 219,750, a decrease of 1,500 from the previous week's revised average. The previous week's average was revised up by 250 from 221,000 to 221,250.

According to unadjusted data, the largest declines were reported in Illinois (-2,595), Oklahoma (-923) and Ohio (-793) while the biggest increases were observed in California (+8,894), Pennsylvania (+5,042) and New York (+3,282).

The advance seasonally adjusted insured unemployment rate was 1.1 percent for the week ending November 16, a decrease 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 16 was 1,640,000, a decrease of 57,000 from the previous week's revised level. This is the lowest level for insured unemployment since August 4, 1973 when it was 1,633,000. The previous week's level was revised up 2,000 from 1,695,000 to 1,697,000. Figures came below market estimates of 1,690,000. The 4-week moving average was 1,680,500, a decrease of 13,000 from the previous week's revised average. The previous week's average was revised up by 500 from 1,693,000 to 1,693,500.  

US Jobless Claims Fall More than Expected