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US: Initial weekly jobless claims decreased by 8,000 to 207,000
"In the week ending September 29, the advance figure for seasonally adjusted initial claims was 207,000, a decrease of 8,000 from the previous week's revised level," the U.S. Department of Labor announced on Thursday.
Key takeaways from the press release
- The previous week's level was revised up by 1,000 from 214,000 to 215,000.
- The 4-week moving average was 207,000, an increase of 500 from the previous week's revised average.
- The advance number for seasonally adjusted insured unemployment during the week ending September 22 was 1,650,000, a decrease of 13,000 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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