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Unemployment Claims up to 274,000

Thursday, May 05 2016
In the week ending April 30, the advance figure for seasonally adjusted initial claims was 274,000, an increase of 17,000 from the previous week's unrevised level of 257,000. The 4-week moving average was 258,000, an increase of 2,000 from the previous week's unrevised average of 256,000. This marks 61 consecutive weeks of initial claims below 300,000, the longest streak since 1973. The advance seasonally adjusted insured unemployment rate was 1.5% for the week ending April 23, a decrease of 0.1 percentage point from the previous week's unrevised rate.
 
The advance number for seasonally adjusted insured unemployment during the week ending April 23 was 2,121,000, a decrease of 8,000 from the previous week's unrevised level of 2,129,000. This is the lowest level for insured unemployment since November 4, 2000 when it was 2,110,000. The 4-week moving average was 2,140,250, a decrease of 17,000 from the previous week's unrevised average of 2,157,250. This is the lowest level for this average since November 11, 2000 when it was 2,119,750
 
Euro is currently being traded few points above 1.1430 level, Sterling is around 1.45 handle, while Aussie is at 0.75 area.
More in this category: « Euro lower in an uneventful Thursday trade RBA eases inflation views in policy statement »

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