US Jobless Claims Fall To 9-Week Low


The number of Americans filing for unemployment benefits decreased by 15 thousand to 233 thousand in the week ended July 15th from the previous week's revised level of 248 thousand, way below market expectations of 245 thousand. Meanwhile, the 4-week moving average, which removes week-to-week volatility, went down by 2.25 thousand to 243.75 thousand.

The 4-week moving average was 243,750, a decrease of 2,250 from the previous week's revised average. The previous week's average was revised up by 250 from 245,750 to 246,000.

The advance seasonally adjusted insured unemployment rate was 1.4 percent for the week ending July 8, unchanged from the previous week's unrevised rate. 

The advance number for seasonally adjusted insured unemployment during the week ending July 8 was 1,977,000, an increase of 28,000 from the previous week's revised level. The previous week's level was revised up 4,000 from 1,945,000 to 1,949,000. The 4-week moving average was 1,959,000, an increase of 8,750 from the previous week's revised average. The previous week's average was revised up by 1,000 from 1,949,250 to 1,950,250. 

US Jobless Claims Fall To 9-Week Low


DOL | Joana Ferreira | joana.ferreira@tradingeconomics.com
7/20/2017 12:31:49 PM