The U.S. Labor Department released the Initial Jobless Claims for the week ended November 05, where the index slowed by 10 thousand to 390 thousand from prior revised estimate of 400 thousand and above expected estimate of 400 thousand as well.

While continuing claims for the week ended October 29, came in better than expected at 3615 thousand compared to the prior revised estimate of 3707 thousand and median estimates of 3680 thousand.