US: Initial weekly jobless claims increased by 37,000 to 230,000


"In the week ending April 20, the advance figure for seasonally adjusted initial claims was 230,000, an increase of 37,000 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 206,000, an increase of 4,500 from the previous week's revised average.
  • The advance seasonally adjusted insured unemployment rate was 1.2 percent for the week ending April 13, unchanged from the previous week's unrevised rate.
  • The advance number for seasonally adjusted insured unemployment during the week ending April 13 was 1,655,000, an increase of 1,000 from the previous week's revised level.

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