US: Initial weekly jobless claims decrease by 1,000 to 204,000

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“In the week ending September 8, the advance figure for seasonally adjusted initial claims was 204,000, a decrease of 1,000 from the previous week’s revised level. ” the U.S. Department of Labor announced on Thursday.

Key takeaways from the official publication

  • This is the lowest level for initial claims since December 6, 1969 when it was 202,000. 
  • The previous week’s level was revised up by 2,000 from 203,000 to 205,000.
  • The 4-week moving average was 208,000, a decrease of 2,000 from the previous week’s revised average.
  • The advance number for seasonally adjusted insured unemployment during the week ending September 1 was 1,696,000, a decrease of 15,000 from the previous week’s revised level. 
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