US Weekly Initial Jobless Claims Decline in the Week Ending April 12

On Thursday, the US Department of Labor reported that the advance figure for seasonally adjusted initial unemployment claims was 215,000 during the week ending Saturday, April 12. This is a decrease of 9,000 from the previous week’s revised total of 224,000 (originally 223,000). The 4-week moving average was 220,750—a decrease of 2,500 from the previous week’s revised average of 223,250 (originally 223,000).

The advance number for seasonally adjusted insured unemployment during the week ending April 5 was 1,885,000. This is an increase of 41,000 from the previous week’s revised total of 1,844,000 (originally 1,850,000). The 4-week moving average was 1,867,250—an increase of 1,000 from the previous week’s revised average of 1,866,250 (originally 1,867,250).

The advance seasonally adjusted insured unemployment rate was 1.2% for the week ending April 5, unchanged from the previous week’s unrevised rate.


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