Initial Jobless Claims Rose by 5,000 in Week Ending October 28

Washington, DC, November 2, 2023-In the week ending October 28, the advance figure for seasonally adjusted initial claims was 217,000, an increase of 5,000 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 210,000 to 212,000. The four-week moving average was 210,000, an increase of 2,000 from the previous week's revised average. The previous week's average was revised up by 500 from 207,500 to 208,000.