US: Weekly initial claims was 236,000, a decrease of 2,000 from previous week

Eren Sengezer FXStreet

"In the week ending December 2, the advance figure for seasonally adjusted initial claims was 236,000, a decrease of 2,000 from the previous week's unrevised level of 238,000," the US Department of Labor said announced on Thursday.

Key highlights

The 4-week moving average was 241,500, a decrease of 750 from the previous week's unrevised average of 242,250.

Claims taking procedures continue to be disrupted in the Virgin Islands. Claims taking process in Puerto Rico has still not returned to normal.

The advance seasonally adjusted insured unemployment rate was 1.4 percent for the week ending November 25, unchanged from the previous week's unrevised rate.

The advance number for seasonally adjusted insured unemployment during the week ending November 25 was 1,908,000, a decrease of 52,000 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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