The US Reports Lowest Level for Initial Benefit Claims Since September 6

In the week ending April 13, the advance figure for seasonally adjusted initial claims was 192,000, a decrease of 5,000 from the previous week's revised level. This is the lowest level for initial claims since September 6, 1969 when it was 182,000.

The previous week's level was revised up by 1,000 from 196,000 to 197,000. The 4-week moving average was 201,250, a decrease of 6,000 from the previous week's revised average. This is the lowest level for this average since November 1, 1969 when it was 200,500. The previous week's average was revised up by 250 from 207,000 to 207,250. The advance seasonally adjusted insured unemployment rate was 1.2 percent for the week ending April 6, unchanged from the previous week's unrevised rate.

The advance number for seasonally adjusted insured unemployment during the week ending April 6 was 1,653,000, a decrease of 63,000 from the previous week's revised level. The previous week's level was revised up 3,000 from 1,713,000 to 1,716,000. The 4-week moving average was 1,712,500, a decrease of 22,750 from the previous week's revised average. The previous week's average was revised up by 750 from 1,734,500 to 1,735,250.

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