Updated: 14-May-26 09:21 ET
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| Updated: 14-May-26 09:21 ET |
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Highlights
- Initial jobless claims for the week ending May 9 increased by 12,000 to 211,000 (Briefing.com consensus: 208,000).
- Continuing jobless claims for the week ending May 2 increased by 24,000 to 1.782 million.
Key Factors
- The four-week moving average for initial claims increased by 750 to 203,750.
- The four-week moving average for continuing claims decreased by 6,750 to 1,781,000.
- The total number of continued weeks claimed for benefits in all programs for the week ending April 25 was 1,757,234, a decrease of 50,399from the previous week. Claims filed in the comparable week a year ago totaled 1,868,054.
Big Picture
- The key takeaway from the report is that, even though initial and continuing jobless claims were up in the latest week, neither has risen to a level that would ring alarm bells about a serious deterioration in the labor market.
| Category |
May 9 |
May 2 |
Apr 25 |
Apr 18 |
Apr 11 |
| Initial Claims |
211K |
199K |
190K |
215K |
208K |
| 4-Wk Moving Avg |
204K |
203K |
208K |
211K |
210K |
| Continued Benefits |
|
1782K |
1758K |
1776K |
1808K |
| 4-Wk Moving Avg |
|
1781K |
1788K |
1795K |
1809K |