Initial unemployment claims rise 10,000 in latest report, but 4-week average down 1,250

In the week ending November 4, initial unemployment claims were 239,000, an increase of 10,000 from the previous week's unrevised level of 229,000. The 4-week moving average was 231,250, a decrease of 1,250 from the previous week's unrevised average of 232,500. This is the lowest level for this average since March 31, 1973 when it was 227,750.

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