US Jobless Claims Rise in Latest Week


The number of Americans filling for unemployment benefits increased by 4 thousand to 215 thousand in the week ended August 24th 2019 from the previous week’s revised level of 211 thousand and in line with market expectations.

The 4-week moving average was 214,500, a decrease of 500 from the previous week's revised average. The previous week's average was revised up by 500 from 214,500 to 215,000. 

According to unadjusted data, the biggest rises were reported in New York (+4,564); Texas (+988); Illinois (+457) and Iowa (+457) while the largest decreases were seen in California (-431); Maryland (-383) and Michigan (-352). 

The advance seasonally adjusted insured unemployment rate was 1.2 percent for the week ending August 17, unchanged from the previous week's unrevised rate. 

The advance number for seasonally adjusted insured unemployment during the week ending August 17 was 1,698,000, an increase of 22,000 from the previous week's revised level. The previous week's level was revised up 2,000 from 1,674,000 to 1,676,000. The 4-week moving average was 1,697,250, a decrease of 250 from the previous week's revised average. The previous week's average was revised up by 500 from 1,697,000 to 1,697,500.

US Jobless Claims Rise in Latest Week


DOL | Agna Gabriel | agna.gabriel@tradingeconomics.com
8/29/2019 12:37:04 PM