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Jobless Claims Dip to 216,000 as Continuing Claims Edge Up to 1.96 Million

The next jobs report arrives Dec. 16 under an extended collection window after a 43‑day shutdown.

Overview

  • Initial claims fell by 6,000 to 216,000 for the week ended Nov. 22, coming in below the 225,000 forecast by economists polled by Reuters.
  • Continuing claims, a gauge of hiring momentum, rose by 7,000 to 1.960 million for the week ended Nov. 15, indicating longer job searches.
  • The Labor Department released the weekly claims report a day early because of the Thanksgiving holiday.
  • Economists describe a “no hire, no fire” labor market linked to President Donald Trump’s trade and immigration policies, which they say discourages both layoffs and new hiring.
  • Companies including Amazon have announced AI-related job cuts that economists expect could lift claims next year, though announced layoffs do not always translate into filings.