Recent Data Shows US Initial Jobless Claims Lower Than Expected
US Initial Jobless Claims Update
Prior data showed 217K initial jobless claims, with the recent figure coming in at 209K, lower than the estimated 218K. The 4-week moving average of initial claims is highlighted as significant.
Continuing Claims Figures
The continuing claims from the prior week stood at 1.906M, while the current week reported 1.811M claims versus an estimated 1.900M. The 4-week moving average of continuing claims is indicating a consistent trend.
Note: Calendar Year (CY) 2024 seasonal factors and revised seasonal factors for CY 2019-2023 affect both initial and continued claims. Look out for updated information on the official BLS website by 12:00 pm (Eastern) on Thursday, March 14, 2024.
This article was prepared using information from open sources in accordance with the principles of Ethical Policy. The editorial team is not responsible for absolute accuracy, as it relies on data from the sources referenced.