Update: due to revisions, this is the lowest level since September 2008 for the 4-week moving average.



The DOL reports on weekly unemployment insurance claims:



In the week ending Nov. 6, the advance figure for seasonally adjusted initial claims was 435,000, a decrease of 24,000 from the previous week's revised figure of 459,000. The 4-week moving average was 446,500, a decrease of 10,000 from the previous week's revised average of 456,500.

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January of this year

This graph shows the 4-week moving average of weekly claims since January 2000.The dashed line on the graph is the current 4-week average. The four-week average of weekly unemployment claims decreased this week by 10,000 to 446,500.This is the lowest level for the 4-week moving average sinceSeptember 2008 - an improvement over recent months, but still elevated - and still a sign of weakness in the job market.