• US unemployment claims continue to decline

Market news

29 September 2016

US unemployment claims continue to decline

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 previous week's level was revised down by 1,000 from 252,000 to 251,000. The 4-week moving average was 256,000, a decrease of 2,250 from the previous week's revised average. The previous week's average was revised down by 250 from 258,500 to 258,250.

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.

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