US: Initial weekly jobless claims decreased by 1,000 to 216,000

Eren Sengezer FXStreet

"In the week ending December 22, the advance figure for seasonally adjusted initial claims was 216,000, 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 press release

The 4-week moving average was 218,000, a decrease of 4,750 from the previous week's revised average.
The advance seasonally adjusted insured unemployment rate was 1.2 percent for the week ending December 15, unchanged from the previous week's unrevised rate.
The advance number for seasonally adjusted insured unemployment during the week ending December 15 was 1,701,000, a decrease of 4,000 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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