U.S. Initial Jobless Claims Unexpectedly Fell to 339K Last Week
Tweet
Share
E-mail
(Updated - January 2, 2014 8:39 AM EST)
In the week ending December 28, the advance figure for seasonally adjusted initial claims was 339,000, a decrease of 2,000 from the previous week's revised figure of 341,000, according to the U.S. Labor Department. The Street was looking for a read of 344,000 claims.
The 4-week moving average was 357,250, an increase of 8,500 from the previous week's revised average of 348,750.
The advance seasonally adjusted insured unemployment rate was 2.2 percent for the week ending December 21, unchanged from the prior week's unrevised rate. The advance number for seasonally adjusted insured unemployment during the week ending December 21 was 2,833,000, a decrease of 98,000 from the preceding week's revised level of 2,931,000. The 4-week moving average was 2,857,750, an increase of 19,000 from the preceding week's revised average of 2,838,750.
In the week ending December 28, the advance figure for seasonally adjusted initial claims was 339,000, a decrease of 2,000 from the previous week's revised figure of 341,000, according to the U.S. Labor Department. The Street was looking for a read of 344,000 claims.
The 4-week moving average was 357,250, an increase of 8,500 from the previous week's revised average of 348,750.
The advance seasonally adjusted insured unemployment rate was 2.2 percent for the week ending December 21, unchanged from the prior week's unrevised rate. The advance number for seasonally adjusted insured unemployment during the week ending December 21 was 2,833,000, a decrease of 98,000 from the preceding week's revised level of 2,931,000. The 4-week moving average was 2,857,750, an increase of 19,000 from the preceding week's revised average of 2,838,750.
Serious News for Serious Traders! Try StreetInsider.com Premium Free!
You May Also Be Interested In
- Initial Jobless Claims 229K vs 220K Expected
- PPI Final Demand (May) 1.1% vs 0.7% Expected
- Bank of Canada holds rates as inflation risks cloud policy outlook
Create E-mail Alert Related Categories
ETFs, Economic DataRelated Entities
Initial Jobless ClaimsSign up for StreetInsider Free!
Receive full access to all new and archived articles, unlimited portfolio tracking, e-mail alerts, custom newswires and RSS feeds - and more!
