US: Weekly initial claims was 232,000, a decrease of 12,000 from previous week
|"In the week ending August 12, the advance figure for seasonally adjusted initial claims was 232,000, a decrease of 12,000 from the previous week's unrevised level of 244,000," the US Department of Labor announced on Thursday.
Key takeaways:
- The 4-week moving average was 240,500, a decrease of 500 from the previous week's unrevised average of 241,000
- The advance seasonally adjusted insured unemployment rate was 1.4 percent for the week ending August 5, unchanged from the previous week's unrevised rate
- The advance number for seasonally adjusted insured unemployment during the week ending August 5 was 1,953,000, a decrease of 3,000 from the previous week's revised level
- The 4-week moving average was 1,960,250, a decrease of 6,000 from the previous week's revised average
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.