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US Initial Jobless Claims Apr 2:
166K (est 200K; prev 202K; prevR 171K)
4 week moving average 170K vs 208.5K prior
US Continuing Claims Mar 26:
1523K (est 1302K; prev 1307K; prevR 1506K)
Lowest since at least 1968The largest increases in initial claims for the week ending March 26
Ohio (+3,580), Michigan (+3,545), California (+3,256), Texas (+2,251), and New York (+761)The largest decreases were in Kentucky (-2,034), Pennsylvania (-732), Tennessee (-235), Florida (-165), and Connecticut (-138).
US initial jobs claims 180K versus 180K estimate
Prior report 184K revised to 185K
4 week moving average initial jobs claims 177.25K versus 172.75K last weekContinuing claims 1.408M versus expectations of 1.403M estimate. The prior week was revised to 1.409M from 1.417M previously reported.
4 week moving average of continuing claims 1.482M. This is the lowest since March 21, 1971 was at 1.457MThe largest increases in initial claims for the week ending April 9 were in Missouri (+7,194), Michigan (+5,950), California (+3,215), Indiana (+3,193), and Texas (+2,617),
The largest decreases were in Ohio (-3,886), Wisconsin (-1,159), Oklahoma (-776), Utah (-270), and Hawaii (-219).New all-time high the job openings
JOLTS US job openings for March 11.549 million versus 11 million estimates
Prior month came in at 11.344 million revised up from 11.266 millionUS April nonfarm payrolls rose by 428,000 (consensus 391,000) with March’s also a revised 428K new jobs. April unemployment rate was 3.6% (consensus 3
[See the full post at: US Shows Strong Job Gains in April with Unemployment Approaching 50-Year Low]
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