US Jobless Claims Rise Less than Expected



The number of Americans filing for unemployment benefits rose by 17 thousand to 233 thousand in the week ended January 20th, from the previous week's 45-year low of 216 thousand and below market expectations of 236 thousand. The claims taking procedures in Puerto Rico and in the Virgin Islands have still not returned to normal.

The 4-week moving average was 240,000, a decrease of 3,500 from the previous week's revised average. The previous week's average was revised down by 1,000 from 244,500 to 243,500.

The advance seasonally adjusted insured unemployment rate was 1.4 percent for the week ending January 13, unchanged from the previous week's unrevised rate. 

The advance number for seasonally adjusted insured unemployment during the week ending January 13 was 1,937,000, a decrease of 28,000 from the previous week's revised level. The previous week's level was revised up 13,000 from 1,952,000 to 1,965,000. The 4-week moving average was 1,920,000, a decrease of 3,500 from the previous week's revised average. The previous week's average was revised up by 2,500 from 1,921,000 to 1,923,500. 

US Jobless Claims Rise Less than Expected


DOL | Joana Ferreira | joana.ferreira@tradingeconomics.com
1/25/2018 1:33:12 PM