US: Initial weekly jobless claims increased by 10,000 to 231,000
"In the week ending December 29, the advance figure for seasonally adjusted initial claims was 231,000, an increase of 10,000 from the previous week's revised level," the U.S. Department of Labor announced on Thursday.
Key takeaways from the press release
- The previous week's level was revised up by 5,000 from 216,000 to 221,000.
- The 4-week moving average was 218,750, a decrease of 500 from the previous week's revised average.
- The advance number for seasonally adjusted insured unemployment during the week ending December 22 was 1,740,000, an increase of 32,000 from the previous week's revised level.