Continuing claims 1696K vs 1710K est.
- Prior week 203K revised to 205K
- four-week average 208K versus 210K in the prior week. This is the lowest level for this average since December 6, 1969 when it was 204,500.
- initial claims are at the lowest level since December 6, 1969 when it was 202,000.
- The largest increases in initial claims for the week ending September 1 were in Indiana (+992), Hawaii (+839), Washington (+638), Illinois (+559), and Ohio (+409),
- The largest decreases were in Michigan (-1,415), New York (-894), Florida (-668), Texas (-655), and Connecticut (-333)
The US jobs market is not showing signs of slowing down.