US Weekly Jobless Claims Decrease in the Week Ending April 6th

On Thursday, the US Department of Labor reported that the advance figure for seasonally adjusted initial unemployment claims was 211,000 during the week ending Saturday, April 6th. This is a decrease of 11,000 from last week’s revised level of 222,000 (originally 221,000). The 4-week moving average was 214,250—a decrease of 250 from the previous week’s revised average of 214,500 (originally 214,250).

The advance number for seasonally adjusted insured unemployment, known as continuing claims, during the week ending March 30th was 1,817,000. This is an increase of 28,000 from the previous week’s revised total of 1,789,000 (originally 1,791,000). The 4-week moving average was 1,802,750—an increase of 3,500 from the previous week’s revised average of 1,799,250 (originally 1,799,750).

The advance seasonally adjusted insured unemployment rate was 1.2% for the week ending March 30th, unchanged from the previous week’s revised rate.