![Initial Jobless Claims Decrease To 336,000 [CHARTS]](https://valuewalk.b-cdn.net/wp-content/uploads/2017/04/no-thumbnail.png "Initial Jobless Claims Decrease To 336,000 [CHARTS]")
This article first appeared on Floating Path.
Initial jobless claims for the week ending November 2 were a seasonally adjusted 336k, the U.S. Department of Labor reports. This is a decrease from the prior week’s revised reading of 345k. Not seasonally adjusted, jobless claims for the week were 327k.
![Initial Jobless Claims Decrease To 336,000 [CHARTS]](https://valuewalk.com/wp-content/uploads/2021/07/clost.png "Initial Jobless Claims Decrease To 336,000 [CHARTS]")
In his book, The Dhandho Investor: The Low–Risk Value Method to High Returns, Mohnish Pabrai coined an investment approach known as "Heads I win; Tails I don't lose much." Q3 2021 hedge fund letters, conferences and more The principle behind this approach was relatively simple. Pabrai explained that he was only looking for securities with Read More
The insured unemployment rate was unchanged at a seasonally adjusted 2.2%.
The number of unemployment insurance recipients was a seasonally adjusted 2.868 million, a slight increase from the prior week’s revised reading of 2.864 million.
Updated on