"In the week ending April 13, the advance figure for seasonally adjusted initial claims was 192,000, a decrease of 5,000 from the previous week's revised level," the U.S. Department of Labor announced on Thursday.
Key takeaways from the press release
- This is the lowest level for initial claims since September 6, 1969 when it was 182,000.
- The 4-week moving average was 201,250, a decrease of 6,000 from the previous week's revised average.
- The advance number for seasonally adjusted insured unemployment during the week ending April 6 was 1,653,000, a decrease of 63,000 from the previous week's revised level.
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