US: Initial claims was 213,000, a decrease of 6,000 from the previous week

Eren Sengezer FXStreet

"In the week ending August 4, the advance figure for seasonally adjusted initial claims was 213,000, a decrease of 6,000 from the previous week's revised level," the U.S. Department of Labor announced on Thursday.

Key takeaways from the official publication

The 4-week moving average was 214,250, a decrease of 500 from the previous week's revised average.
The advance seasonally adjusted insured unemployment rate was 1.2 percent for the week ending July 28, unchanged from the previous week's unrevised rate.
The advance number for seasonally adjusted insured unemployment during the week ending July 28 was 1,755,000, an increase of 29,000 from the previous week's revised level.

Author

Eren Sengezer

FXStreet

As an economist at heart, Eren Sengezer specializes in the assessment of the short-term and long-term impacts of macroeconomic data, central bank policies and political developments on financial assets.

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