Note

US: INITIAL JOBLESS CLAIMS INCREASED BELOW ESTIMATES LAST WEEK

· Views 8




  • Initial Jobless Claims rose by 212K vs. the previous week.
  • Continuing Jobless Claims rose by around 1.812M.

US citizens that applied for unemployment insurance benefits increased by 212K in the week ending April 13 according to the US Department of Labor (DoL) on Thursday. The prints came in a tad below initial consensus (215K) and matched the previous weekly gain (212K revised from 211K).

Further details of the publication revealed that the advance seasonally adjusted insured unemployment rate was 1.2% and the 4-week moving average stood at 214.50, unchanged from the previous week's revised average


Disclaimer: The content above represents only the views of the author or guest. It does not represent any views or positions of FOLLOWME and does not mean that FOLLOWME agrees with its statement or description, nor does it constitute any investment advice. For all actions taken by visitors based on information provided by the FOLLOWME community, the community does not assume any form of liability unless otherwise expressly promised in writing.

FOLLOWME Trading Community Website: https://www.followme.com

If you like, reward to support.
avatar

Hot

No comment on record. Start new comment.