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Unemployment Insurance Weekly Claims
In the week ending January 14, the advance figure for seasonally adjusted initial claims was 190,000, a decrease of 15,000 from the previous week's unrevised level of 205,000. The 4-week moving average was 206,000, a decrease of 6,500 from the previous week's unrevised average of 212,500. The advance seasonally adjusted insured unemployment rate was 1.1 percent for the week ending January 7, unchanged from the previous week's unrevised rate. The advance number for seasonally adjusted insured unemployment during the week ending January 7 was 1,647,000, an increase of 17,000 from the previous week's revised level. The ... (full story)
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US: Weekly Initial Jobless Claims decline to 190K vs. 214K expected and 205K previous
There were 190,000 initial jobless claims in the week ending January 13, data published by the US Department of Labor (DOL) showed on Thursday. This print followed the previous week's print of 205,000 and came in better than the market expectation of 214,000. Further details of the publication revealed that the 4-week moving average was 206K, a decrease of 6,500 from the previous week's average of 212.5K Market reaction The US Dollar Index continues with its struggle to gain any meaningful traction and remains on the defensive around the 102.00 mark amid rising bets for smaller Fed rate hikes.
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