Jobless claims in US drop by 5,000 to 192,000

Thursday, 18. April 2019 14:30

Initial jobless claims in the United States for the seven days through April 13 decreased by 5,000 to 192,000, after an upward revision of 1,000 for the previous week's revised level, the Department of Labor said on Thursday. The number came in the smallest in just under half a century. The four-week moving average dropped by 6,000 to 211,250 including a revision up by 250 for the week before. The level was the lowest since November 1969.

Continuing claims as of April 6 fell to 1,653,000 from the previous week's 1,716,000 million. The number from the prior report was mended up by 3,000. The four-week gauge landed 22,750 lower at 1,712,500 after an upward revision of 750. The seasonally adjusted insured unemployment rate for the same period was unchanged at 1.2%.

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