US initial jobless claims rise to 222,000
By Iain Gilbert
Date: Thursday 24 Apr 2025
(Sharecast News) - Americans lined up for unemployment benefits at an accelerated pace in the week ended 19 April, according to the Department of Labor.
Initial jobless claims rose by 6,000 to 222,000 last week, in line with market expectations, while continuing claims unexpectedly fell by 37,000 to a two-month low of 1.84m.
The four-week moving average, which aims to strip out week-to-week volatility, decreased by 750 to 220,250.
Elsewhere, the advance seasonally adjusted insured unemployment rate was 1.2% for the week ending 12 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