US Jobless Claims Fall More than Expected


The number of Americans filling for unemployment benefits decreased to 216 thousand in the week ended June 15 2019, from the previous week's unrevised level of 222 thousand and compared with market expectations of 220 thousand.

The 4-week moving average was 218,750, an increase of 1,000 from the previous week's unrevised average of 217,750. 

According to unadjusted data, the largest declines were seen in California (-1,996), Illinois (-1,639) and New York (-1,622) while the biggest rises were recorded in Pennsylvania (+2,177) and Wisconsin (+841).

The advance seasonally adjusted insured unemployment rate was 1.2 percent for the week ending June 8, unchanged from the previous week's unrevised rate. 

The advance number for seasonally adjusted insured unemployment during the week ending June 8 was 1,662,000, a decrease of 37,000 from the previous week's revised level. The previous week's level was revised up 4,000 from 1,695,000 to 1,699,000. Figures came below market consensus of 1,688,000. The 4-week moving average was 1,679,000, a decrease of 5,250 from the previous week's revised average. The previous week's average was revised up by 1,000 from 1,683,250 to 1,684,250. 

US Jobless Claims Fall More than Expected


DOL | Luisa Carvalho | luisa.carvalho@tradingeconomics.com
6/20/2019 12:51:05 PM