US: Weekly Initial Jobless Claims decline to 213K

There were 213,000 initial jobless claims in the week ending September 10, the weekly data published by the US Department of Labor (DOL) showed on Thursday. This print followed the previous week’s print of 218,000 (revised from 222,000) and came in better than the market expectation of 226,000.

the advance seasonally adjusted insured unemployment rate was 1% and the 4-week moving average was 224,000, a decrease of 8,000 from the previous week’s revised average.

The US Dollar Index posts small daily losses on the day but manages to hold above 109.50 after this data.