CoinVoice recently learned that the number of initial unemployment claims in the United States increased by 3,000 to 221,000 in the week ending November 2, in line with market expectations. The number of continuing unemployment claims rose to 1.892 million, the highest level since November 2021, which may reflect the lingering impact of last month's hurricanes and strikes.
Initial jobless claims fell as the impact of the hurricane faded. Boeing reached an agreement on Tuesday to end the strike, which also means that the impact on the job market should soon fade. Before adjusting for seasonal factors, initial jobless claims rose last week. California, Michigan and Ohio saw the largest increases, while initial jobless claims fell in Florida and Georgia. (Jinshi) [Original link]