US initial jobless claims 203K vs. 213K expected

Author: Greg Michalowski | Category: News

Continuing claims 1707K  vs 1720K expected

The US initial jobless claims came in at 203K versus 213K expected. The prior week came in at 213K.

  • initial claims is the lowest since December 6, 1969 when it was 202K
  • the four-week moving average was 209.5K. Down from 212.25K last week. This is the lowest level for this average since December 6, 1969 when it was 204.5K
  • The Continuing claims came in at 1707K vs 1720K expected. Last week, the number was revised to 1710K vs 1708K previously reported. 
  • The largest increases in initial claims for the week ending August 25 were in New York (+4,853), Michigan (+927), Pennsylvania (+582), Washington (+556), and Oregon (+364), 
  • The largest decreases were in California (-1,432), New Jersey (-905), Georgia (-532), Ohio (-365), and North Carolina (-214). 

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