US Unemployment Insurance: Week of April 5th
Total US jobless claims increased 4k last week to 223k, in line with expectations.
- Not seasonally adjusted claims increased 15k to 215.4k.
- Total continued claims fell -43k to 1.850 million after a surprise increase in the week before, below expectations of a small drop to 1.880 million.
- The insured unemployment rate was revised down -0.1 ppts to 1.2% in the previous week’s report, and the rate remained there in the latest report.
- Claims be federal employees (UCFE) fell -56 to 508.
- Kentucky reports an increase in claims of 2.8k due to layoffs in the manufacturing industry.