US Weekly Initial Jobless Claims Decline in the Week Ending April 11

On Thursday, the US Department of Labor reported that the advance figure for seasonally adjusted initial unemployment claims was 207,000 for the week ending Saturday, April 11, a decrease of 11,000 from the previous week’s revised level of 218,000 (originally 219,000). The four-week moving average was 209,750—an increase of 250 from the prior week’s revised average of 209,250 (originally 209,500).

The advance number for seasonally adjusted insured unemployment during the week ending April 4 was 1,818,000, an increase of 31,000 from the previous week’s revised level of 1,787,000 (originally 1,794,000). This is the lowest level for insured unemployment since June 1, 2024, when it was 1,806,750. The four-week moving average was 1,813,250—a decrease of 8,250 from the prior week’s revised average of 1,821,500 (originally 1,823,250). This is the lowest level for the four-week moving average since June 1, 2024, when it was 1,806,750.

The advance seasonally adjusted insured unemployment rate was 1.2% for the week ending April 4, unchanged from the previous week’s unrevised rate.