Initial Jobless Claims Rose by 31K in Second Week of November

Washington, DC, November 19, 2020-In the week ending November 14, the advance figure for seasonally adjusted initial claims was 742,000, an increase of 31,000 from the previous week's revised level, according to the Department of Labor. 

The previous week's level was revised up by 2,000 from 709,000 to 711,000. The four-week moving average was 742,000, a decrease of 13,750 from the previous week's revised average. The previous week's average was revised up by 500 from 755,250 to 755,750.

The advance seasonally adjusted insured unemployment rate was 4.3% for the week ending November 7, a decrease of 0.3 percentage point from the previous week's unrevised rate. The advance number for seasonally adjusted insured unemployment during the week ending November 7 was 6,372,000, a decrease of 429,000 from the previous week's revised level. The previous week's level was revised up 15,000 from 6,786,000 to 6,801,000. The four-week moving average was 7,054,500, a decrease of 525,000 from the previous week's revised average. The previous week's average was revised up by 3,750 from 7,575,750 to 7,579,500.