Headline Alert
Economic Update: Weekly Jobless Claims
Jobless claims for the week ending November 28th were reported down 5000 at 457K; below the consensus estimates for 480K.
The prior week was revised lower to 462K from 466K.
This represents the lowest level of initial jobless claims in 14 months
Continuing claims for unemployment insurance for the week ending November 21 came in at 5.465M vs. consensus 5.400M.
The prior week was revised upward to 5.437M from 5.423M.
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