US Weekly Initial Jobless Claims Increase in the Week Ending April 4
Unemployment Insurance Weekly Claims
On Thursday, the US Department of Labor reported that the advance figure for seasonally adjusted initial unemployment claims was 219,000 for the week ending Saturday, April 4, an increase of 16,000 from the previous week’s revised level of 203,000 (originally 202,000). The four-week moving average was 209,500—an increase of 1,500 from the prior week’s revised average of 208,000 (originally 207,750).
The advance number for seasonally adjusted insured unemployment during the week ending March 28 was 1,794,000, a decrease of 38,000 from the previous week’s revised level of 1,832,000 (originally 1,841,000). This is the lowest level for insured unemployment since May 11, 2024, when it was 1,791,000. The four-week moving average was 1,823,250—a decrease of 13,250 from the prior week’s revised average of 1,836,500 (originally 1,838,750).
The advance seasonally adjusted insured unemployment rate was 1.2% for the week ending March 28, unchanged from the previous week’s unrevised rate.
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