- Initial Jobless Claims rose to 218K, up from the previous week's 222K.
- Continuing Jobless Claims increased to 1.834M in the week ending September 14.
US citizens that newly applied for unemployment insurance benefits reached 218K in the week ending September 21, according to the US Department of Labor (DoL) on Thursday. The prints came in below initial consensus (225K) and were lower than the previous weekly figure of 222K (revised from 219K).
Further details of the publication revealed that the advance seasonally adjusted insured unemployment rate was 1.2% and the 4-week moving average was 224.75K, a decrease of 3.5K from the previous week's revised average.
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