US Jobless Claims Rise Less than Expected


The number of Americans filling for unemployment benefits increased by 2 thousand to 208 thousand in the week ended September 14th from the previous week’s revised level of 206 thousand and compared with market expectations of 213 thousand.

The 4-week moving average was 212,250, a decrease of 750 from the previous week's revised average. The previous week's average was revised up by 500 from 212,500 to 213,000. 

According to unadjusted data, the biggest rises were reported in California (+4,259); Georgia (+1,385); New York (+1,129) and South Carolina (+1,165) while the largest decreases were seen in Arkansas (-879); Michigan (-533) and Illinois (-525).

The advance seasonally adjusted insured unemployment rate was 1.2 percent for the week ending September 7, unchanged from the previous week's unrevised rate. 

The advance number for seasonally adjusted insured unemployment during the week ending September 7 was 1,661,000, a decrease of 13,000 from the previous week's revised level. The previous week's level was revised up 4,000 from 1,670,000 to 1,674,000. The 4-week moving average was 1,677,500, a decrease of 3,750 from the previous week's revised average. The previous week's average was revised up by 1,000 from 1,680,250 to 1,681,250.

US Jobless Claims Rise Less than Expected


DOL | Agna Gabriel | agna.gabriel@tradingeconomics.com
9/19/2019 12:37:47 PM