US: INITIAL JOBLESS CLAIMS INCREASED LESS THAN ESTIMATED LAST WEEK
- Initial Jobless Claims rose to 218K, up from the previous week's 222K.
- Continuing Jobless Claims increased to 1.834M in the week ending September 14.
US citizens that newly applied for unemployment insurance benefits reached 218K in the week ending September 21, according to the US Department of Labor (DoL) on Thursday. The prints came in below initial consensus (225K) and were lower than the previous weekly figure of 222K (revised from 219K).
Further details of the publication revealed that the advance seasonally adjusted insured unemployment rate was 1.2% and the 4-week moving average was 224.75K, a decrease of 3.5K from the previous week's revised average.
Disclaimer: The content above represents only the views of the author or guest. It does not represent any views or positions of FOLLOWME and does not mean that FOLLOWME agrees with its statement or description, nor does it constitute any investment advice. For all actions taken by visitors based on information provided by the FOLLOWME community, the community does not assume any form of liability unless otherwise expressly promised in writing.
FOLLOWME Trading Community Website: https://www.followme.com
Hot
No comment on record. Start new comment.