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.