US initial jobless claims dropped -1k to 214k in the week ended November 3. Four-week moving average of initial claims dropped -0.25k to 213.75k. Continuing claims dropped -8k to 1.623m in the week ended October 27, lowest since July 28, 1973. Four-week moving average of continuing claim dropped -7.5k to 1.64075m, lowest since August 11, 1973.
