AI Summary
The number of US claims filed for unemployment benefits declined for the week ended Aug. 9, after rising for two weeks in a row, signaling continued labor market resilience.
Initial jobless claims decreased by 3,000 to 224,000 during the week, the US Department of Labor said today, Aug. 14.
This came against expectations of a rise to 228,000 from the previous week’s revised figure of 227,000.
The four-week moving average of jobless claims rose by 750 to 221,750, compared to the previous week’s upwardly revised average of 221,000 (+250).
|
US Weekly Jobless Claims |
||||
|
Item |
Last Year |
Last Week |
Current Week |
Change |
|
Initial Claims (‘000) |
228.0 |
227.0 |
224.0 |
(3) |
|
4-Week Average (‘000) |
236.5 |
221.00 |
221.75 |
0.75 |
|
Number of Beneficiaries (mln) |
1.863 |
1.968 |
1.953 |
(0.015) |
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