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Unemployment Claims up to 259,000

Thursday, Oct 22 2015
In the week ending October 17, the advance figure for seasonally adjusted initial claims was 259,000, an increase of 3,000 from the previous week's revised level. Analysts were anticipating incline to 266,000.The 4-week moving average was 263,250, a decrease of 2,000 from the previous week's revised average. This is the lowest level for this average since December 15, 1973 when it was 256,750. The previous week's average was revised up by 250 from 265,000 to 265,250.  
 
The advance seasonally adjusted insured unemployment rate was 1.6 percent for the week ending October 10, unchanged from the previous week's unrevised rate. The advance number for seasonally adjusted insured unemployment during the week ending October 10 was 2,170,000, an increase of 6,000 from the previous week's revised level. The 4-week moving average was 2,184,500, a decrease of 18,500 from the previous week's revised average. This is the lowest level for this average since November 18, 2000 when it was 2,169,000. 
 
Euro is currently being traded around 1.1240 level, Aussie is around 0.72 handle, while Sterling is at 1.5450 level.
More in this category: « U.K. Retail Sales increased by 1.9% ECB discussed deposit rate cut »

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