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In the week ending September 24, the advance figure for seasonally adjusted initial claims was 254,000, an increase of 3,000 from the previous week's revised level. The 4-week moving average was 256,000, a decrease of 2,250 from the previous week's revised average. There were no special factors impacting this week's initial claims. This marks 82 consecutive weeks of initial claims below 300,000, the longest streak since 1970.

The advance seasonally adjusted insured unemployment rate was 1.5 percent for the week ending September 17, unchanged from the previous week's unrevised rate. The advance number for seasonally adjusted insured unemployment during the week ending September 17 was 2,062,000, a decrease of 46,000 from the previous week's revised level. This is the lowest level for insured unemployment since July 1, 2000 when it was 2,052,000. The 4-week moving average was 2,115,250, a decrease of 23,750 from the previous week's revised average. This is the lowest level for this average since November 4, 2000 when it was 2,110,500.

 

Euro is currently being traded around 1.1220 handle, Aussie is at 0.7630 level, while Sterling is few points above 1.2970 area.

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