Initial jobless claims and continuing claims

  • initial jobless claims 870K vs. 840K estimate. Prior week revised to 866K
  • the four-week moving average comes in at 878.25K vs. 913.5 K last week
  • continuing claims 12580k vs 12300k est. Last week came in at 12747.
  • The four-week average came in at 13040.75k vs 13518.75K
  • During the week ending September 5, 50 states reported 11,510,888 individuals claiming Pandemic Unemployment Assistance benefits and 49 states reported 1,631,645 individuals claiming Pandemic Emergency Unemployment Compensation benefits.
  • The largest increases in initial claims for the week ending September 12 were in Indiana (+1,990), Kansas (+1,928), Illinois (+1,906), and Michigan (+1,727), while the largest decreases were in California (-17,400), Texas (-15,905), Louisiana (-8,384), Georgia (-8,235), and Washington (-3,291).
Initial jobless claims

This report corresponds with the survey report for the BLS job report at the beginning of October.

After the report, stock futures are implying:

  • Dow, -118 points
  • S&P, -19 points
  • NASDAQ, -124 points