US initial jobless claims rose 3k to 221k in the week ending November 2, slightly above expectation of 220k. Four-week moving average of continuing claims fell -10k to 227k.
Continuing claims rose 39k to 1892k in the week ending October 26, highest since November 13, 2021. Four-week moving average of continuing claims rose 8.5k to 1876k, highest since November 27, 2021.
