U.S. weekly jobless claims total 742,000, vs 710,000 estimate

[mahatmakanejeeves]

1. From the source:

Last edited Thu Nov 19, 2020, 01:04 PM - Edit history (1)

https://www.dol.gov/ui/data.pdf

News Release

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TRANSMISSION OF MATERIALS IN THIS RELEASE IS EMBARGOED UNTIL
8:30 A.M. (Eastern) Thursday, November 19, 2020

UNEMPLOYMENT INSURANCE WEEKLY CLAIMS

SEASONALLY ADJUSTED DATA

In the week ending November 14, the advance figure for seasonally adjusted initial claims was 742,000, an increase of 31,000 from the previous week's revised level. The previous week's level was revised up by 2,000 from 709,000 to 711,000. The 4-week moving average was 742,000, a decrease of 13,750 from the previous week's revised average. The previous week's average was revised up by 500 from 755,250 to 755,750.

The advance seasonally adjusted insured unemployment rate was 4.3 percent for the week ending November 7, a decrease of 0.3 percentage point from the previous week's unrevised rate. The advance number for seasonally adjusted insured unemployment during the week ending November 7 was 6,372,000, a decrease of 429,000 from the previous week's revised level. The previous week's level was revised up 15,000 from 6,786,000 to 6,801,000. The 4-week moving average was 7,054,500, a decrease of 525,000 from the previous week's revised average. The previous week's average was revised up by 3,750 from 7,575,750 to 7,579,500.

{snip}

UNADJUSTED DATA

{snip. Emphasis mine}

The total number of people claiming benefits in all programs for the week ending October 31 was 20,319,615, a decrease of 841,245 from the previous week. There were 1,476,521 persons claiming benefits in all programs in the comparable week in 2019.

{snip the rest of the twelve-page news release, until the end}

Weekly Claims Archives
Weekly Claims Data

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U.S. Department of Labor
Employment and Training Administration
Washington, D.C. 20210
Release Number: USDL 20-2160-NAT

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