Applications for jobless benefits decreased by 41,000 for the week ending November 17, bringing the total to 410,000, down from 451,000, the Labor Department announced on Wednesday.
This brings the total number of initial jobless claims down slightly from last week’s 18-month high.
However, it’s worth noting the four-week moving average, a “less volatile” figure, increased by 9,500, bringing the total to 396,250, up from 386,750.
“The advance seasonally adjusted insured unemployment rate was 2.6 percent for the week ending November 10, unchanged from the prior week’s unrevised rate,” the Labor Department reports.
“The advance number for seasonally adjusted insured unemployment during the week ending November 10 was 3,337,000, a decrease of 30,000 from the preceding week’s revised level of 3,367,000. The 4-week moving average was 3,285,000, an increase of 19,500 from the preceding week’s revised average of 3,265,500,” the report adds.
Like last week, today’s numbers are being blamed on Superstorm Sandy.
“Jobless Claims Still Taking Big Hit From Sandy Effects,” reads one CNBC headline.
“Fewer seek US jobless aid as storm distorts data ,” reads one Associated Press headline.
The states with the largest increases in initial claims for the week ending November 10 were New York (+43,956), New Jersey (+31,094), California (+24,693), Pennsylvania (+7,037), and Connecticut (+1,808).
Meanwhile, Ohio, which has been affected of Superstorm Sandy, saw the biggest decrease in initial claims (-4,996).
So, yes, California reported the third highest number of claims while Ohio reported the largest decrease. Sandy, you’re one confusing storm.
Follow Becket Adams (@BecketAdams) on Twitter
Front page photo courtesy the AP. This post has been updated.

























































































































NigelTufnel
Dec. 3, 2012 at 1:19am410,000 is a horrible number. The Holiday hiring should easily combat Sandy’s negative effects. We were down to 356,000 new applicants a week. Excuses are like a$$ holes. Everybody got one!
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Just_Us2
Nov. 21, 2012 at 10:04amWhere is the employment spike for Christmas hiring? Did it happen this year? Will January see another spike as seasonal help is let go?
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JRook
Nov. 21, 2012 at 10:36amthat’s it beckett you just keep routing against the US economy.
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Just_Us2
Nov. 21, 2012 at 11:00amIf I observe a school bus full of kids driving off a cliff and comment that it’s going to turn out poorly when they hit, I am not rooting against kids, I am making an informed observation that things are not going well. Looking at these unemployment numbers especially the U6 historical numbers, things have not been going well for a long, long, long time. It’s one thing to root for the economic bus to avoid the cliff, but it’s in mid air and nothing will save you. Historical facts are not always an indicator of future outcomes, but it’s a pretty good bet that if you kill the goose that lays the golden eggs you get one good thanksgiving meal followed by a lifetime of poverty. I know that makes you angry, but your anger should be directed at the bus driver, Obama, not those looking on in disbelief.
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Jesse_J
Nov. 21, 2012 at 12:33pmThis is a prime example of lowered expectation for our government and our President. At any other time the public would be screaming. Read fresh political commentary at: http://smallcraftadvisorychronicles.blogspot.com/
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Cavallo
Nov. 21, 2012 at 9:20amJust wait until the defense contractors cut loose their staff. Those 18,000 thugs at Hostess haven’t claimed unemployment yet either.
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stevetherealist
Nov. 21, 2012 at 9:55amthe thugs at hostess….you mean the ones who make twinkies and ho hos?
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Ben__Franklin
Nov. 21, 2012 at 9:12amThat darn Sandy, Oblamo will be blaming Sandy for his failed polices for the next four years.
“When I took office my second term, I had head winds, bumps in the road, and hurricane Bush…..err I mean Sandy not seen since the likes of the great depression……”.
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