Initial Claims increased to 460,000, for the week ending 04/03, beating the expected decrease to 439,000, after decreasing to 442,000, the revised level for the previous week. The 4-week moving average increased to 450,250, from the previous week’s revised average of 448,000. Seasonally adjusted insured unemployment from the prior week, ending on 03/27, was 4,550,000, a decrease of 131,000 from the preceding week’s revised level of 4,681,000. Seasonally adjusted insured unemployment rate from the week ending on 03/27, was 3.5%, a decrease of 0.1% from the previous week’s unrevised figure of 3.6%%.
Upcoming Releases
Wholesale Inventories (04/09 at 10:00 AM EST)
Treasury Budget (04/12 at 2:00 PM EST)
Trade Balance (04/13 at 8:30 AM EST)
CPI (04/14 at 8:30 AM EST)
