US Jobless Claims Above Expectations in Latest Week


The number of Americans filing for unemployment benefits was unchanged at 245 thousand in the week ended December 23rd 2017, the same as in the previous period and slightly above market expectations of 240 thousand. It remains the highest number since the week ended November 11th. Claims taking procedures continue to be disrupted in the Virgin Islands and in Puerto Rico, claims have still not returned to normal.

The 4-week moving average was 237,750, an increase of 1,750 from the previous week's unrevised average of 236,000.

The advance seasonally adjusted insured unemployment rate was 1.4 percent for the week ending December 16, unchanged from the previous week's unrevised rate. 

Continuing claims during the week ending December 16 was 1,943,000, an increase of 7,000 from the previous week's revised level. The previous week's level was revised up 4,000 from 1,932,000 to 1,936,000. The 4-week moving average was 1,919,750, a decrease of 4,250 from the previous week's revised average. The previous week's average was revised up by 1,000 from 1,923,000 to 1,924,000.

US Jobless Claims Above Expectations in Latest Week


DOL | Joana Taborda | joana.taborda@tradingeconomics.com
12/28/2017 1:35:35 PM