Initial jobless claims remained under 400,000 in the week ending Nov. 19, but they rose by 2,000 to 393,000, the Commerce Department announced. The four-week moving average, a less volatile number that flattens out week-to-week fluctuations in the data, was 394, 250, a decrease of 3,250 from the previous week's revised average of 397,500. The number of Americans filing for continuing unemployment claims during the week ending Nov. 12 was 3,691,000, an increase of 68,000 from the previous week’s revised average of 3,623,000. The four-week moving average was 3,671,500, a decrease of 2,250 from the preceding week’s revised average of 3,673,750. States reported 2,896,629 persons claiming emergency unemployment benefits for the week ending Nov. 5, a decrease of 38,837 from the prior week. The total number of people claiming benefits in all programs for the week ending Nov. 5 was 6,728,652, a decrease of 44,608 from the previous week. The largest increases in initial claims for the week ending November 12 were in Connecticut, Indiana, Iowa, Minnesota, and Puerto Rico. The largest decreases were in California, New York, Pennsylvania, and Texas.
Donald Liebenson writes news and features for Millionaire Corner. He has been published in the Chicago Tribune, The Chicago Sun-Times, The Los Angeles Times, Fiscal Times, Entertainment Weekly, Huffington Post, and other outlets. He has also served as a marketing writer for Chicago-based Questar Entertainment and distributor Baker & Taylor.
A graduate of the University of Southern California, he is married with a college-age son. He also writes extensively about entertainment.