U.S. Initial Jobless Claims Unexpectedly Fell to 339K Last Week
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(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.
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