Updated: 07-May-26 09:26 ET
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| Updated: 07-May-26 09:26 ET |
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Highlights
- Initial jobless claims for the week ending May 2 increased by 10,000 to 200,000 (Briefing.com consensus: 205,000).
- Continuing jobless claims for the week ending April 25 decreased by 10,000 to 1.766 million.
Key Factors
- The four-week moving average for initial claims decreased by 4,500 to 203,250.
- The four-week moving average for continuing claims decreased by 5,250 to 1,789,750.
- The total number of continued weeks claimed for benefits in all programs for the week ending April 18 was 1,807,617, a decrease of 72,898 from the previous week. Claims filed in the comparable week a year ago totaled 1,926,928.
Big Picture
- The key takeaway from the report is its quiet disposition in the sense that it isn't showing wide swings in either initial claims or continuing claims, which suggests some welcome steadiness in the labor market.
| Category |
May 2 |
Apr 25 |
Apr 18 |
Apr 11 |
Apr 4 |
| Initial Claims |
200K |
190K |
215K |
208K |
218K |
| 4-Wk Moving Avg |
203K |
208K |
211K |
210K |
209K |
| Continued Benefits |
|
1766K |
1776K |
1808K |
1809K |
| 4-Wk Moving Avg |
|
1790K |
1795K |
1809K |
1811K |