US Jobless Claims Rise to 2-Month High


The number of Americans filing for unemployment benefits increased by 3 thousand to 250 thousand in the week ended December 30th, from the previous week's revised level of 247 thousand and above market expectations of 240 thousand. It was the highest level in two months.

The 4-week moving average was 241,750, an increase of 3,500 from the previous week's revised average. The previous week's average was revised up by 500 from 237,750 to 238,250.

Claims taking procedures continue to be disrupted in the Virgin Islands. The claims taking process in Puerto Rico has still not returned to normal.

The advance seasonally adjusted insured unemployment rate was 1.4 percent for the week ending December 23, unchanged from the previous week's unrevised rate. 

The advance number for seasonally adjusted insured unemployment during the week ending December 23 was 1,914,000, a decrease of 37,000 from the previous week's revised level. The previous week's level was revised up 8,000 from 1,943,000 to 1,951,000. The 4-week moving average was 1,922,500, an increase of 750 from the previous week's revised average. The previous week's average was revised up by 2,000 from 1,919,750 to 1,921,750. 

US Jobless Claims Rise to 2-Month High


DOL | Joana Ferreira | joana.ferreira@tradingeconomics.com
1/4/2018 1:35:27 PM