US Jobless Claims Lowest Since April


The number of Americans filling for unemployment benefits decreased by 15 thousand to 204 thousand in the week ended September 7th from the previous week’s revised level of 219 thousand and compared with market expectations of 215 thousand. It is the lowest level since the week ended April 13th.

The 4-week moving average was 212,500, a decrease of 4,250 from the previous week's revised average. The previous week's average was revised up by 500 from 216,250 to 216,750. 

According to unadjusted data, the largest declines were reported in Illinois (-3,846); New York (-3,489); California (-3,197) and Texas (-1,536) while significant rises were only seen in Arkansas (+563).

The advance seasonally adjusted insured unemployment rate was 1.2 percent for the week ending August 31, unchanged from the previous week's unrevised rate.

The advance number for seasonally adjusted insured unemployment during the week ending August 31 was 1,670,000, a decrease of 4,000 from the previous week's revised level. The previous week's level was revised up 12,000 from 1,662,000 to 1,674,000. The 4-week moving average was 1,680,250, a decrease of 14,500 from the previous week's revised average. The previous week's average was revised up by 3,000 from 1,691,750 to 1,694,750.

US Jobless Claims  Lowest Since April


DOL | Agna Gabriel | agna.gabriel@tradingeconomics.com
9/12/2019 12:39:47 PM