Jobless Claims Up 6,000 to 402,000 in Nov. 26 Week

WASHINGTON — Seasonally adjusted initial jobless claims rose to 402,000 for the week ending Nov. 26, a 6,000 increase from the previous week's revised level of 396,000, the Labor Department reported Thursday.

Claims were initially reported at 393,000 in the week ended Nov. 19.

Continuing claims increased to 3.740 million for the week ending Nov. 19, 35,000 more than the previous week's revised figure of 3.705 million.

The initial claims figure was higher than the 390,000 level projected by economists polled by Thomson Reuters and continuing claims were higher than the 3.650 million level they estimated.

The four-week moving average for initial claims was 395,750, an increase of 500 from the previous week's revised average of 395,250.

The four-week moving average for continuing claims was 3.683 million, a gain of 8,250 from the preceding week's revised average of 3.675 million.

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