Initial jobless claims for the week ending August 9 were a seasonally adjusted 311k, up from the prior week’s revised reading of 290k. Not seasonally adjusted, jobless claims for the week were 269k.
The 4-week moving average of initial jobless claims is 296k. This is nearing historic lows.
The insured unemployment rate was 1.9%, unchanged from the week prior.
The number of unemployment insurance recipients, or continuing claims, for regular state programs was 2.544 million, up from the previous week’s revised reading of 2.519 million.
Individual states that had changes in claims of more than 1k (not seasonally adjusted):
Jobless claims and the unemployment rate: