US: Weekly initial claims was 233,000, a decrease of 15,000 from the previous week

Eren Sengezer FXStreet

"In the week ending July 15, the advance figure for seasonally adjusted initial claims was 233,000, a decrease of 15,000 from the previous week's revised level," announced the US Department of Labor on Thursday.

Key highlghts:

The 4-week moving average was 243,750, a decrease of 2,250 from the previous week's revised average.
The previous week's average was revised up by 250 from 245,750 to 246,000.
The advance seasonally adjusted insured unemployment rate was 1.4 percent for the week ending July 8, unchanged from the previous week's unrevised rate.
The advance number for seasonally adjusted insured unemployment during the week ending July 8 was 1,977,000, an increase of 28,000 from the previous week's revised level.
The 4-week moving average was 1,959,000, an increase of 8,750 from the previous week's revised average.

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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