Weekly Initial Jobless Claims Decrease To 280k first appeared on Floating Path.

Initial jobless claims for the week ending September 13 were a seasonally adjusted 280k, down from the prior week’s revised reading of 316k. Not seasonally adjusted, jobless claims for the week were 241k.

Initial Jobless Claims

The 4-week moving average of initial jobless claims is 300k.

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The insured unemployment rate was 1.8%, down from 1.9% the week prior.

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The number of unemployment insurance recipients, or continuing claims, for regular state programs was 2.429 million, down from the previous week’s revised reading of 2.492 million.

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Individual states that had changes in claims of more than 1k (not seasonally adjusted):

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Jobless claims and the unemployment rate:

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