US Jobless Claims Fall in Latest Week

The number of Americans filling for unemployment benefits decreased by 13 thousand to 222 thousand in the week ended December 21 from the previous week’s upwardly revised 235 thousand and compared with market expectations of 224 thousand.

According to unadjusted data, the largest declines were reported in Texas (-2,596), Georgia (-1,963) and New York (-1,882) while the biggest increases were observed in Missouri (+2,931), Iowa (+2,880) and New Jersey (+2,067).

The 4-week moving average was 228,000, an increase of 2,250 from the previous week’s revised average. The previous week’s average was revised up by 250 from 225,500 to 225,750.

The advance seasonally adjusted insured unemployment rate was 1.2 percent for the week ending December 14, unchanged from the previous week’s unrevised rate.

The advance number for seasonally adjusted insured unemployment during the week ending December 14 was 1,719,000, a decrease of 6,000 from the previous week’s revised level. The previous week’s level was revised up 3,000 from 1,722,000 to 1,725,000. The 4-week moving average was 1,703,500, an increase of 19,250 from the previous week’s revised average. The previous week’s average was revised up by 750 from 1,683,500 to 1,684,250.

https://tradingeconomics.com/united-states/jobless-claims