US Initial Jobless Claims: 551K, vs. Consensus of 535K; Continuing Claims: 6.09M

October 1, 2009 8:31 AM EDT

US Initial Jobless claims for the week of Sept. 26 come in at 551,000, vs. the consensus of 535,000.

Continuing claims for the week were 6.09 million, vs. the consensus of 6.17 million.

In the week ending Sept. 26, the advance figure for seasonally adjusted initial claims was 551,000, an increase of 17,000 from the previous week's revised figure of 534,000. The 4-week moving average was 548,000, a decrease of 6,250 from the previous week's revised average of 554,250.

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