US Weekly Jobless Claims Increase for the Week Ending April 8th
Unemployment Insurance Weekly Claims
The US Department of Labor is reporting that the advance figure for seasonally adjusted initial unemployment claims was 239,000 during the week ending on Saturday, April 8th. This is an increase of 11,000 from the previous week’s unrevised level of 228,000. The 4-week moving average was 240,000—an increase of 2,250 from the previous week’s unrevised level of 237,750.
The advance number for seasonally adjusted insured unemployment, known as continuing claims, during the week ending April 1st was 1,810,000. This is a decrease of 13,000 from the previous week’s unrevised level of 1,823,000. The 4-week moving average was 1,813,500—an increase of 9,500 from the previous week’s unrevised level of 1,804,000. This is the highest level since November 13, 2021, when it was 2,007,000.
The advance seasonally adjusted insured unemployment rate was 1.2% for the week ending April 1st, a decrease of 0.1% from the previous week’s unrevised rate of 1.3%.
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