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A decrease in initial unemployment insurance claims in the U.S., hitting the lowest level since April - indicating the strength of the labor market.

November 21, 2024 23:40 JST (excerpt)
The number of new unemployment insurance claims decreased by 6,000 compared to the previous week, totaling 0.213 million 3,000 claims.
The number of continuous unemployment insurance recipients increased to 1.98 million people, the highest level in three years.
The number of new unemployment insurance claims in the U.S. unexpectedly decreased last week, reaching the lowest level since April. This indicates the strength of the labor market.
November 21, 2024 11:52 PM GMT+9
The number of new unemployment insurance claims for the week leading up to November 16, as announced by the U.S. Department of Labor on the 21st, was 213,000, adjusted for seasonal variations, a decrease of 6,000 from the previous week. The economists' estimate was 220,000.
The unexpected decrease suggested the possibility of a recovery in job growth in November, after a significant slowdown last month possibly due to hurricanes and strikes. The Veterans Day holiday may have slightly increased volatility as it was included.
This data coincides with the survey period for November employment statistics.
The number of continuing claims for the week ending on November 9 increased by 36,000 to 1,908,000.
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