US initial jobless claims for the current week 239K vs. 240K estimate

Continuing claims 1904K vs 1880K estimate

The US initial jobless claims for the current week came in at 239K versus 240K.

• The prior week was revised slightly higher to 252K from 249K
• the continuing claims came in at 1904K versus 1880K. the prior month was revised higher to 1868K from 1860K
• the four-week average rose to 239.75K from a revised 238.50K
• US Labor Department says claims taking procedures continue to be disrupted in the Virgin Islands, have improved in Puerto Rico
• The largest increases in initial claims for the week ending November 11 were in New York (+3,025), Minnesota (+1,621), California (+1,241), New Jersey (+1,076), and Pennsylvania (+463),
• The largest decreases were in Michigan (-2,641), Puerto Rico (-1,591), Illinois (-1,342), Oklahoma (-1,254), and Georgia (-1,166).