There were 313,000 initial jobless claims in the week ending Nov. 22, a dramatic increase of 21,000 for the week before.

The previous week's level was revised up by 1,000 from 291,000 to 292,000. The 4-week moving average was 294,000, an increase of 6,250 from the previous week's revised average.

The previous week's average was revised up by 250 from 287,500 to 287,750.

There were no special factors impacting this week's initial claims.

The advance seasonally adjusted insured unemployment rate was 1.7% for the week ending November 15, a decrease of 0.1 percentage point from the previous week's unrevised rate.

The advance number for seasonally adjusted insured unemployment during the week ending November 15 was 2,316,000, a decrease of 17,000 from the previous week's revised level. This is the lowest level for insured unemployment since December 9, 2000 when it was 2,263,000.

The previous week's level was revised up 3,000 from 2,330,000 to 2,333,000. The 4-week moving average was 2,352,000, a decrease of 17,750 from the previous week's revised average. This is the lowest level for this average since January 6, 2001 when it was 2,349,250.

The previous week's average was revised up by 750 from 2,369,000 to 2,369,750.