USA: slight drop in weekly jobless claims

(CercleFinance.com) - The Labor Department announced that 213,000 new U.
S. jobless claims were registered in the week ending November 18, down by 2,000 on the previous week, when the figure was revised from 213,000 to 215,000.

The four-week moving average - more representative of the underlying trend - came in at 217,000, down by 1,250 on the previous week.

Finally, the number of people receiving regular benefits rose by 9,000 to 1,907,000 during the week of November 11, the most recent period available for this statistic.

The Labor Department adds that this is the highest level of insured unemployment since November 13, 2021 (when it was 1,974,000).

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