EL7.AI
Macro EconomyMedium•12 November 2026•
1 min read

US Jobless Claims 4-Week Average Hits Lowest Level Since 1969

Key Facts

1The four-week average for initial jobless claims dropped to 195,250, the lowest level since 1969.
2Goldman Sachs expects the Federal Reserve to continue hiking rates to navigate persistent inflation and labor market strength.
3Nonfarm payrolls rose by 165k in October, significantly beating the median forecast of 70k.

The four-week average for initial jobless claims in the United States dropped to 195,250, marking its lowest level since 1969. Reuters reported that nonfarm payrolls rose by 165k in October, significantly beating the median forecast of 70k.

Goldman Sachs expects the Federal Reserve to continue hiking interest rates to navigate persistent inflation and the current strength of the labor market. Regarding financial sector performance, GS closed at $926.81 on November 11, 2026, while JPM closed at $343.39 and BAC closed at $50.67 on the same date.

Market attention shifts to the Producer Price Index (MoM) release on November 13, 2026, with a forecast of 0.4% following a previous reading of 1.3%. Additionally, the Federal Reserve's Jefferson is scheduled to deliver a speech on November 14, 2026.