US Jobless Claims Unexpectedly Fall in Latest Week


The number of Americans filling for unemployment benefits fell by 5 thousand to 211 in the week ending March 23rd from the previous week’s revised level of 216 thousand and compared with market expectations of 225 thousand.

According to unadjusted data, the largest decreases were seen in Oklahoma (-1,284), Pennsylvania (-1,152), California (-729), and Florida (-625) while the biggest gains were recorded in Texas (+2,830), Arkansas (+696), Maryland (+231), and Missouri (+213).

The seasonally adjusted 4-week moving average was 217,250, a decrease of 3,250 from the previous week's revised average. The previous week's average was revised down by 4,500 from 225,000 to 220,500. 

The advance seasonally adjusted insured unemployment rate was 1.2 percent for the week ending March 16, unchanged from the previous week's unrevised rate.

The advance number for seasonally adjusted insured unemployment during the week ending March 16 was 1,756,000, an increase of 13,000 from the previous week's revised level. The previous week's level was revised down by 7,000 from 1,750,000 to 1,743,000. The 4-week moving average was 1,751,250, a decrease of 4,250 from the previous week's revised average. The previous week's average was revised down by 17,000 from 1,772,500 to 1,755,500. 

US Jobless Claims Unexpectedly Fall in Latest Week


DOL | Stefanie Moya | stefanie.moya@tradingeconomics.com
3/28/2019 12:43:02 PM