US Jobless Claims Decline From 5-Month High To 258K


The number of Americans filing for unemployment benefits decreased by 10 thousand to 258 thousand in the week ended December 3rd from the previous week's unrevised level of 268 thousand and in line with market expectations. It was the 92nd straight week that claims were below 300 thousand, the longest stretch since 1970.

It was the 92nd straight week that claims were below 300 thousand, the longest stretch since 1970.

The 4-week moving average was 252,500, an increase of 1,000 from the previous week's unrevised average of 251,500.

The advance seasonally adjusted insured unemployment rate was 1.4 percent for the week ending November 26, a decrease of
0.1 percentage point from the previous week's unrevised rate.

The continuing claims drawn by workers for more than a week (the advance number for seasonally adjusted insured unemployment) during the week ending November 26 was 2,005,000, a decrease of 79,000 from the previous week's revised level. The previous week's level was revised up 3,000 from 2,081,000 to 2,084,000. The 4-week moving average was 2,028,750, a decrease of 9,500 from the previous week's revised average. The previous week's average was revised up by 750 from 2,037,500 to 2,038,250. 

US Jobless Claims Decline From 5-Month High To 258K


DOL | Joana Ferreira | joana.ferreira@tradingeconomics.com
12/8/2016 1:39:18 PM