US – Initial Claims
14/09/2018 10:23 am MYT
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Layoffs remained on a downtrend amidst tight labour market. The seasonally adjusted initial claims for the week ending 8 Sep 2018 were 204,000, down 1,000 from the previous week. The 4-week moving average fell 2,000 from the previous week to 208,000 – see figure 1. Both recorded their lowest levels since 6 Dec 1969. Continuing jobless claims for the week ending 1 Sep 2018 registered a seasonally adjusted 1.696 mln, down 15,000 from the previous week, while the 4-week moving average decreased by 8,250 to 1.711 mln, making for their lowest level since 1 Dec 1973 and 24 Nov 1973.

 

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