US Jobless Claims Rise for 3rd Week


The number of Americans filling for unemployment benefits increased by 4 thousand to 219 thousand in the week ended September 28th from the previous week’s revised level of 215 thousand and compared with market expectations of 215 thousand. Jobless claims hit the highest level since the week ended August 31st.

The 4-week moving average was 212,500, unchanged from the previous week's revised average. The previous week's average was revised up by 500 from 212,000 to 212,500. 

According to unadjusted data, the biggest rises were reported in Ohio (+2,179); Iowa (+687) and Pennsylvania (+493) while the largest decreases were seen in California (-1,511); Kansas (-1,371) and Florida (-828).

The advance seasonally adjusted insured unemployment rate was 1.1 percent for the week ending September 21, unchanged from the previous week's unrevised rate. 

The advance number for seasonally adjusted insured unemployment during the week ending September 21 was 1,651,000, a decrease of 5,000 from the previous week's revised level. The previous week's level was revised up 6,000 from 1,650,000 to 1,656,000. The 4-week moving average was 1,661,500, a decrease of 5,750 from the previous week's revised average. The previous week's average was revised up by 1,500 from 1,665,750 to 1,667,250.

US Jobless Claims Rise for 3rd Week


DOL | Agna Gabriel | agna.gabriel@tradingeconomics.com
10/3/2019 12:51:34 PM