- Initial Jobless Claims: -6K to 222K vs. 240K expected and 228K prior (revised from 232K).
- 4-week moving average of 233,000 down from 240,500 in the previous week.
- The advance seasonally adjusted insured unemployment rate was 1.0% for the week ended Aug. 27, unchanged from the previous week's unrevised rate.
- The advance number of actual initial claims under state programs, unadjusted, totaled 175,842 in the week ended Sept. 3, a decrease of 1,978 (or 1.1%) from the previous week.
- The seasonal factors had expected an increase of 7,073 (or 4.1%) from the prior week. And there were 285,950 initial claims in the comparable week in 2021.
- Continuing jobless claims of 1.473M vs. 1.435M consensus and 1.437M prior
Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.
Comments