In the week ending July 26, the advance figure for seasonally adjusted initial claims was 218,000, an increase of 1,000 from the previous week's unrevised level of 217,000. The 4-week moving average was 221,000, a decrease of 3,500 from the previous week's unrevised average of 224,500. The advance seasonally adjusted insured unemployment rate was 1.3 percent for the week ending July 19, unchanged from the previous week's unrevised rate. The advance number for seasonally adjusted insured unemployment during the week ending July 19 was 1,946,000, unchanged from the previous week's revised level. The previous week's ... (full story)

According to a report from the US Department of Labour (DOL) released on Thursday, the number of US citizens submitting new applications for unemployment insurance increased to 218K for the week ending July 26. The latest print fell short of initial estimates (224K), while last week’s prints stood at 217K. The report indicated a seasonally adjusted insured unemployment rate of 1.3%. Additionally, the four-week moving average decreased by 3.5K, bringing it down to 221.0K from the unrevised average of the previous week. Moreover, Continuing Jobless Claims remained at 1.946M for the week ending July 19 after being ... (full story)