US – Initial Claims
09/11/2018 09:26 am MYT
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Layoffs remained on a downtrend amidst the tight labour market. The seasonally adjusted initial claims for the week ending 3 Nov 2018 were 214,000, down 1,000 from the previous week. The 4-week moving average decreased 250 from the previous week to 213,750 – see figure 1. Continuing jobless claims for the week ending 27 Oct 2018 registered a seasonally adjusted 1.623 mln, down 8,000 from the previous week, while the 4-week moving average decreased by 7,500 to 1.633 mln. These are their lowest levels since 28 Jul 1973 and 11 Aug 1973 respectively.

 

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