US initial jobless claims unexpectedly fall by 9,000
By Iain Gilbert
Date: Thursday 17 Apr 2025
(Sharecast News) - Americans lined up for unemployment benefits at a decelerated pace in the week ended 12 April, according to the Department of Labor.
Initial jobless claims unexpectedly fell by 9,000 to 215,000 last week, the lowest reading in more than two months, with analysts actually expecting to see an increase of 1,000.
Continuing claims rose by 41,000 to 1.88m, while the four-week moving average, which aims to strip out week-to-week volatility, decreased by 2,500 to 220,750.
Also of note, the advance seasonally adjusted insured unemployment rate was 1.2% for the week ended 5 April, unchanged from the previous week's unrevised rate.
Reporting by Iain Gilbert at Sharecast.com
Special promo:
Trading the Forex Market? Visit FXmania.com to get advanced infomation about currencies and the Foreign Exchange
Market.
Email this article to a friend
or share it with one of these popular networks:
You are here: news
10 Lower Thames St,
London EC3R 6EN