The Labor Department said initial jobless claims jumped 37,000 to 230,000 for the week ending April 20, more than the consensus forecast. The 4-week moving average rose 4,5000 to 206,000.
| Prior | Revised | Consensus | Range | Actual | |
| Initial Claims | 192K | 193K | 209K | 199K – 210K | 230K |
| 4-Week Average | 201.25K | 201.5K | – | – | 206K |
The jump comes after jobless claims fell to 50-year lows two weeks in a row.
The advance seasonally adjusted insured unemployment rate was unchanged at a very low 1.2% for the week ending April 13.
No state was triggered “on” the Extended Benefits program during the week ending April 6.
The highest insured unemployment rates in the week ending April 6 were in Alaska (2.6), New Jersey (2.2), California (2.0), Connecticut (2.0), Illinois (1.9), Rhode Island (1.9), Massachusetts (1.8), Montana (1.8), Pennsylvania (1.8), and Puerto Rico (1.8).
The largest increases in initial claims for the week ending April 13 were in California (+3,202), Connecticut (+1,125), Arizona (+819), Texas (+775), and Washington (+640), while the largest decreases were in Tennessee (-2,154), Illinois (-1,148), Michigan (-1,103), Arkansas (-799), and Ohio (-776).
The most damning journalistic sin committed by the media during the era of Russia collusion…
The first ecological study finds mask mandates were not effective at slowing the spread of…
On "What Are the Odds?" Monday, Robert Barnes and Rich Baris note how big tech…
On "What Are the Odds?" Monday, Robert Barnes and Rich Baris discuss why America First…
Personal income fell $1,516.6 billion (7.1%) in February, roughly the consensus forecast, while consumer spending…
Research finds those previously infected by or vaccinated against SARS-CoV-2 are not at risk of…
This website uses cookies.