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US continuing jobless claims hit year 2000 lows

FXStreet (London) - In the week ending November 15, the advance figure for seasonally adjusted initial claims was 291k, a decrease of 2k from the previous week's revised level, according to the US Department of Labor The previous week's level was revised up by 3k from 290k to 293k. The 4-week moving average was 287k, an increase of 1,750 from the previous week's revised average.

The previous week's average was revised up by 750 from 285k to 285.75k.

The DoL reported there were no special factors impacting this week's initial claims.

The advance seasonally adjusted insured unemployment rate was 1.8 percent for the week ending November 8, unchanged from the previous week's unrevised rate. The advance number for seasonally adjusted insured unemployment during the week ending November 8 was 2,330,000, a decrease of 73k from the previous week's revised level.

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