US Jobless Claims Decrease, Lower than Forecast

GOVERNMENT REPORT SERIES

In the week ending August 13, the advance figure for seasonally adjusted initial claims was 250,000, a decrease of 2,000 from the previous week’s revised level. The previous week’s level was revised down by 10,000 from 262,000 to 252,000. The 4-week moving average was 246,750, a decrease of 2,750 from the previous week’s revised average. The previous week’s average was revised down by 2,500 from 252,000 to 249,500.

Expect a market neutral effect on the market today

Indexes running close to flat at 1:15PM Eastern Time today

Govt. Report Link

https://www.dol.gov/ui/data.pdf

 

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