US initial jobless claims rose to 200,000 in the week ended Nov 7, above the 195,000 expected and up from a revised 191,000 the week before. Claims are back at 200,000 — the top of the range held since mid-September. The labor market stays tight, but the uptick keeps the Fed's December debate live: markets price a 90.8% chance of a 25bp hike. Released 13:30 UTC. #employment #fed $BTC $ETH