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.


Note from Publisher
One of the reasons Tan Teng Boo set up Capital Dynamics is to help genuine investors achieve superior returns by investing properly. Therefore, Teng Boo and Capital Dynamics have always place great emphasis on investor education. While providing sound investment advice, the contents of i Capital and are written with the objective of teaching subscribers the important ingredients of sound investing. Once again, we urge subscribers to put in the time and efforts to read the entire issue of i Capital every week; your efforts will definitely not be wasted.

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