US Jobless Claims Unexpectedly Rise in Latest Week


The number of Americans filling for unemployment benefits increased by 4 thousand to 239 thousand in the week ending February 9 from the previous week’s revised level of 235 thousand. It compares with market expectations of 225 thousand.

The 4-week moving average was 231,750, an increase of 6,750 from the previous week's revised average. This is the highest level for this average since January 27, 2018 when it was 234,000. The previous week's average was revised up by 250 from 224,750 to 225,000. 

According to unadjusted data, the biggest increases were seen in Washington (+4,869); Michigan (+1,157) and Minnesota (+461) while the largest declines were reported in California (-3,112); Pennsylvania (-2,056); Ohio (-1,841) and Illinois (-1,369).

The advance seasonally adjusted insured unemployment rate was 1.2 percent for the week ending February 2, unchanged from the previous week's unrevised rate. 

The advance number for seasonally adjusted insured unemployment during the week ending February 2 was 1,773,000, an increase of 37,000 from the previous week's unrevised level of 1,736,000. The 4-week moving average was 1,750,250, an increase of 9,000 from the previous week's unrevised average of 1,741,250.

US Jobless Claims Unexpectedly Rise in Latest Week


DOL | Agna Gabriel | agna.gabriel@tradingeconomics.com
2/14/2019 1:40:50 PM