Updated: 18-Apr-24 09:13 ET

Initial Claims for the Week Ended Apr 13

Updated: 18-Apr-24 09:13 ET

Highlights

• Initial jobless claims for the week ending April 13 were unchanged at 212,000 (Briefing.com consensus 215,000).
• Continuing jobless claims for the week ending April 6 increased by 2,000 to 1.812 million.

Key Factors

• The four-week moving average for initial claims was unchanged at 214,500.
• The four-week moving average for continuing claims increased by 4,250 to 1,805,250.
• The total number of continued weeks claimed for benefits in all programs for the week ending March 30 was 1,953,031, a decrease of 12,519 from the previous week. In the same week a year ago, there were 1,821,910 weekly claims filed for benefits in all programs.

Big Picture

• The key takeaway from the report remains the low initial claims number (a leading indicator), which continues to be indicative of a solid labor market that portends good growth dynamics for the economy.

Category	Apr 13	Apr 6	Mar 30	Mar 23	Mar 16
Initial Claims	212K	212K	222K	212K	212K
4-Wk Moving Avg	215K	215K	215K	212K	212K
Continued Benefits		1812K	1810K	1789K	1810K
4-Wk Moving Avg		1805K	1801K	1799K	1801K