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.
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.
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.
Individual states that had changes in claims of more than 1k (not seasonally adjusted):
Jobless claims and the unemployment rate: