US: Initial weekly jobless claims increased by 7,000 to 214,000

"In the week ending October 6, the advance figure for seasonally adjusted initial claims was 214,000, an increase of 7,000 from the previous week's unrevised level of 207,000," the U.S. Department of Labor announced on Thursday.

Key takeaways

  • The 4-week moving average was 209,500, an increase of 2,500 from the previous week's unrevised average of 207,000. 
  • The advance seasonally adjusted insured unemployment rate was 1.2 percent for the week ending September 29, unchanged from the previous week's unrevised rate.
  • The advance number for seasonally adjusted insured unemployment during the week ending September 29 was 1,660,000, an increase of 4,000 from the previous week's revised level. 

Information on these pages contains forward-looking statements that involve risks and uncertainties. Markets and instruments profiled on this page are for informational purposes only and should not in any way come across as a recommendation to buy or sell in these securities. You should do your own thorough research before making any investment decisions. FXStreet does not in any way guarantee that this information is free from mistakes, errors, or material misstatements. It also does not guarantee that this information is of a timely nature. Investing in Forex involves a great deal of risk, including the loss of all or a portion of your investment, as well as emotional distress. All risks, losses and costs associated with investing, including total loss of principal, are your responsibility.