US Jobless Claims Lowest Since April


The number of Americans filling for unemployment benefits decreased by 10 thousand to 206 thousand in the week ended July 20th 2019 from the previous week’s unrevised level of 216 thousand and compared with market expectations of 219 thousand. It is the lowest level since the week ended April 13th.

The 4-week moving average was 213,000, a decrease of 5,750 from the previous week's unrevised average of 218,750. 

According to unadjusted data, the largest declines were seen in New York (-13,514); Georgia (-3,163); Texas (-2,979) and Wisconsin (-2,034) while the rises were only recorded in Michigan (+1,322); California (+826); Illinois (+797) and Nebraska (+6).  

The advance seasonally adjusted insured unemployment rate was 1.2 percent for the week ending July 13, unchanged from the previous week's unrevised rate. 

The advance number for seasonally adjusted insured unemployment during the week ending July 13 was 1,676,000, a decrease of 13,000 from the previous week's revised level. The previous week's level was revised up 3,000 from 1,686,000 to 1,689,000. The 4-week moving average was 1,697,250, a decrease of 4,500 from the previous week's revised average. The previous week's average was revised up by 750 from 1,701,000 to 1,701,750.


US Jobless Claims Lowest Since April


DOL | Agna Gabriel | agna.gabriel@tradingeconomics.com
7/25/2019 12:46:39 PM