US initial jobless claims dropped -4k to 267k in the week ending November 6, slightly above expectation of 266k. Four-week moving average of initial claims dropped -7k to 278k. Both were lowest since March 14, 2020.
Continuing claims rose 59k to 2160k in the week ending October 30. Four-week moving average of continuing claims dropped -111k to 2245k, lowest since March 21, 2020.
