US initial jobless claims rose 7k to 218k in the week ending November 25, above expectation of 215k. Four-week moving average of initial claims fell -500 to 220k.
Continuing claims rose 86k to 1927k in the week ending November 18, highest since November 27, 2021. Four-week moving average of continuing claims rose 29k to 1866k, highest since December 11, 2021.
