US Initial Jobless Claims Edge Down To 234K


The number of Americans filing for unemployment benefits decreased by 1 thousand to 234 thousand in the week ended April 8th 2017 from the previous period, below expectations of 245 thousand. It is the lowest figure in six weeks. The 4-week moving average that removes week-to-week volatility fell by 3 thousand to 247.25 thousand.

The previous week's level was revised up by 1,000 to 235,000. The previous week's moving average was revised up by 250 to 250,250.

The advance seasonally adjusted insured unemployment rate was 1.5 percent for the week ending April 1, unchanged from the previous week's unrevised rate.

Continuing claims decreased by 7,000 to 2,028,000. The previous week's level was revised up 7,000 to 2,035,000. The 4-week moving average was 2,025,500, an increase of 750 from the previous week's revised average. The previous week's average was revised up by 1,750 to 2,024,750. 

DOL | Joana Taborda | joana.taborda@tradingeconomics.com
4/13/2017 12:53:24 PM