• 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