U.S. initial jobless claims for the week ending November 22 fell to 216,000, surpassing expectations of 225,000. This marks the lowest level since mid-April 2025. The four-week moving average also decreased slightly to 223,750 from the previous week's revised 224,250. Continuing jobless claims for the week ending November 15 were reported at 1.96 million, below the anticipated 1.969 million and a revised 1.953 million from the prior week. These figures suggest a strengthening labor market as claims continue to trend downward.