US: Initial weekly jobless claims decrease by 1,000 to 204,000
|"In the week ending September 8, the advance figure for seasonally adjusted initial claims was 204,000, a decrease of 1,000 from the previous week's revised level. " the U.S. Department of Labor announced on Thursday.
Key takeaways from the official publication
- This is the lowest level for initial claims since December 6, 1969 when it was 202,000.
- The previous week's level was revised up by 2,000 from 203,000 to 205,000.
- The 4-week moving average was 208,000, a decrease of 2,000 from the previous week's revised average.
- The advance number for seasonally adjusted insured unemployment during the week ending September 1 was 1,696,000, a decrease of 15,000 from the previous week's revised level.
Information on these pages contains forward-looking statements that involve risks and uncertainties. Markets and instruments profiled on this page are for informational purposes only and should not in any way come across as a recommendation to buy or sell in these assets. You should do your own thorough research before making any investment decisions. FXStreet does not in any way guarantee that this information is free from mistakes, errors, or material misstatements. It also does not guarantee that this information is of a timely nature. Investing in Open Markets involves a great deal of risk, including the loss of all or a portion of your investment, as well as emotional distress. All risks, losses and costs associated with investing, including total loss of principal, are your responsibility. The views and opinions expressed in this article are those of the authors and do not necessarily reflect the official policy or position of FXStreet nor its advertisers.