New Unemployment Insurance Claims for The Week of November 23, 2024

 

Jobless Claims

Earlier today, the Labor Department released its weekly report on New Jobless Insurance Claims for the week that ended on November 23, 2024:

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Predicted: 213,000

• Actual: 213,000

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The yellow-highlighted figure represents the number of first-time claims for unemployment benefits for the entire United States. The "predicted" figure is what economists were expecting, while the "actual" is the true or real figure.

• Previous Week (revised): 215,000

• 4-Week Moving Average: 217,000

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From Today's Report:

"...The advance seasonally adjusted insured unemployment rate was 1.3 percent for the week ending November 16, unchanged from the previous week's unrevised rate. The advance number for seasonally adjusted insured unemployment during the week ending November 16 was 1,907,000, an increase of 9,000 from the previous week's revised level. This is the highest level for insured unemployment since November 13, 2021 when it was 1,974,000. The previous week's level was revised down by 10,000 from 1,908,000 to 1,898,000.

The 4-week moving average was 1,890,250, an increase of 13,500 from the previous week's revised average. This is the highest level for this average since November 27, 2021 when it was 1,928,000. The previous week's average was revised down by 2,500 from 1,879,250 to 1,876,750..."

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• Click here to view the full Labor Department report

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