US initial jobless claims rose 28k to 222k in the week ending November 27, better than expectation of 250k. Four-week moving average of initial claims dropped -12k to 239k, lowest since March 14, 2020.
Continuing claims dropped -107k to 1956k in the week ending November 20, lowest since March 14, 2020. Four-week moving average of continuing claims dropped -36k to 2084k, lowest since March 21, 2020.