US Jobless Claims Below Estimates in Latest Week



The number of Americans filling for unemployment benefits rose by 1 thousand to 218 thousand in the week ending in July 28 from the previous week's unrevised level of 217,000. It compares with market expectations of 220 thousand.

The 4-week moving average was 214,500, a decrease of 3,500 from the previous week's unrevised average of 218,000. 

According to unadjusted data, the biggest rises in claims were posted in Iowa (+1,069), Nevada (+276), Maryland (+255) and Virginia (+197) while the largest declines were seen in Michigan (-6,125), California (-2,485) and Missouri (-2,349).

The advance seasonally adjusted insured unemployment rate was 1.2 percent for the week ending July 21, unchanged from the previous week's unrevised rate.

The advance number for seasonally adjusted insured unemployment during the week ending July 21 was 1,724,000, a decrease of 23,000 from the previous week's revised level. The previous week's level was revised up 2,000 from 1,745,000 to 1,747,000. The 4-week moving average was 1,741,750, a decrease of 4,500 from the previous week's revised average. The previous week's average was revised up by 500 from 1,745,750 to 1,746,250. 

US Jobless Claims Below Estimates in Latest Week


DOL | Luisa Carvalho | luisa.carvalho@tradingeconomics.com
8/2/2018 12:46:42 PM