Weekly Initial Jobless Claims Increase To 302k first appeared on Floating Path.
Initial jobless claims for the week ending August 30 were a seasonally adjusted 302k, up from the prior week’s revised reading of 298k. Not seasonally adjusted, jobless claims for the week were 249k.
The 4-week moving average of initial jobless claims is 303k.
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The insured unemployment rate was 1.9%, unchanged from the week prior.
The number of unemployment insurance recipients, or continuing claims, for regular state programs was 2.464 million, down from the previous week’s revised reading of 2.528 million and the lowest since June 2007.
Individual states that had changes in claims of more than 1k (not seasonally adjusted):
Jobless claims and the unemployment rate: