April 18, 2024 12:36 GMT
Jobless Claims Slightly Better Than Expected Across The Board
US DATA
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- Initial jobless claims were a little lower than expected at a seasonally adjusted 212k (cons 215k) in the week to Apr 13 after an upward revised 212k (initial 211k).
- The latest week for initial claims covers a payrolls reference period
- The four-week average of 215k was unchanged for the third week running, still low historically and below the 218k averaged through 2019.
- Continuing claims were also better than expected at a seasonally adjusted 1812k (cons 1818k) in the week to Apr 6 after a downward revised 1810k (initial 1817k).
- It sees continuing claims keep within the particularly narrow range of recent months.
- Changes in non-seasonally adjusted terms look in keeping with other years for both initial and continuing claims – see charts.
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