US Jobless Claims Edge Up in Latest Week


The number of Americans filling for unemployment benefits increased by 1 thousand to 217 thousand in the week ended August 31st from the previous week’s revised level of 216 thousand and compared with market expectations of 215 thousand.

The 4-week moving average was 216,250, an increase of 1,500 from the previous week's revised average. The previous week's average was revised up by 250 from 214,500 to 214,750. 

According to unadjusted data, the biggest rises were reported in Illinois (+3,766); Kansas (+979) and Wisconsin (+590) while the largest decreases were seen in New York (-1,296) and Florida (-1,187).

The advance seasonally adjusted insured unemployment rate was 1.2 percent for the week ending August 24, unchanged from the previous week's unrevised rate. 

The advance number for seasonally adjusted insured unemployment during the week ending August 24 was 1,662,000, a decrease of 39,000 from the previous week's revised level. The previous week's level was revised up 3,000 from 1,698,000 to 1,701,000. The 4-week moving average was 1,691,750, a decrease of 6,250 from the previous week's revised average. The previous week's average was revised up by 750 from 1,697,250 to 1,698,000.

US Jobless Claims Edge Up in Latest Week


DOL | Agna Gabriel | agna.gabriel@tradingeconomics.com
9/5/2019 12:39:05 PM