US Jobless Claims Fall Less Than Expected


The number of Americans filing for unemployment benefits decreased by 3 thousand to 258 thousand in the week ended March 25th 2017, from the previous week's unrevised level of 261 thousand. The figure came in above expectations of 248 thousand.

The 4-week moving average was 254,250, an increase of 7,750 from the previous week's unrevised average of 246,500.

The advance seasonally adjusted insured unemployment rate was 1.5 percent for the week ending March 18, an increase of 0.1 percentage point from the previous week's unrevised rate. 

The continuing claims drawn by workers for more than a week (the advance number for seasonally adjusted insured unemployment) during the week ending March 18 was 2,052,000, an increase of 65,000 from the previous week's revised level. The previous week's level was revised down by 3,000 from 1,990,000 to 1,987,000. The 4-week moving average was 2,030,750, a decrease of 1,250 from the previous week's revised average. This is the lowest level for this average since June 24, 2000 when it was 2,028,250. The previous week's average was revised down by 750 from 2,032,750 to 2,032,000. 

DOL | Joana Ferreira | joana.ferreira@tradingeconomics.com
3/30/2017 12:34:19 PM