US initial jobless claims up by 6,000 to 225,000

Initial jobless claims in the United States stood at 225,000 for the week ending September 28, which was higher by 6,000 compared to the previous week’s revised level, according to a report by the Department of Labor on Thursday. The 4-week moving average was 224,250, a decrease of 750 from the previous week’s revised average.

The unemployment rate in the week ending September 21 was at 1.2%, unchanged from the previous week. The insured unemployment number was lower by 1,000 compared to the previous week, landing at 1,826,000. The 4-week moving average was 1,829,250, a decrease of 4,750 from the previous week’s revised average.