US Initial Jobless Claims Fall Less than Expected


The number of Americans filling for unemployment dropped by 2 thousand to 228 thousand in the week ending May 4th 2019 from the previous week's unrevised level of 230 thousand. It compares with market expectations of 220 thousand.

The 4-week moving average was 220,250, an increase of 7,750 from the previous week's unrevised average of 212,500. 

According to unadjusted data, the largest decreases were observed in New Jersey (-6,343), Connecticut (-3,204) and California (-1,277) while the biggest rises were recorded in New York (+9,514) and Illinois (+2,098).

The advance seasonally adjusted insured unemployment rate was 1.2 percent for the week ending April 27, unchanged from the previous week's unrevised rate. 

The advance number for seasonally adjusted insured unemployment during the week ending April 27 was 1,684,000, an increase of 13,000 from the previous week's unrevised level of 1,671,000. Figures came below market consensus of 1,670,000. The 4-week moving average was 1,665,750, a decrease of 8,000 from the previous week's unrevised average of 1,673,750.

US Initial Jobless Claims Fall Less than Expected


DOL | Luisa Carvalho | luisa.carvalho@tradingeconomics.com
5/9/2019 12:45:47 PM