US: Seasonally adjusted initial claims was 244,000, an increase of 10,000 from the previous week

In the week ending April 15, the advance figure for seasonally adjusted initial claims was 244,000, an increase of 10,000 from the previous week's unrevised level of 234,000. The 4-week moving average was 243,000, a decrease of 4,250 from the previous week's unrevised average of 247,250, said the US Department of Labor on Thursday.

The advance seasonally adjusted insured unemployment rate was 1.4 percent for the week ending April 8, a decrease of 0.1 percentage point from the previous week's unrevised rate. The advance number for seasonally adjusted insured unemployment during the week ending April 8 was 1,979,000, a decrease of 49,000 from the previous week's unrevised level of 2,028,000. This is the lowest level for insured unemployment since April 15, 2000 when it was 1,962,000. The 4-week moving average was 2,023,500, a decrease of 2,000 from the previous week's unrevised average of 2,025,500. This is the lowest level for this average since June 17, 2000 when it was 2,016,750.