Live Updates > Live Update Details
2025-09-18 20:39:24
U.S. Initial Jobless Claims Decline Sharply: ⑴ U.S. initial jobless claims fell 33,000 to 231,000 in the second week of September, below market expectations of 240,000 and significantly lower than the previous week's 264,000, the highest level since October 2021. ⑵ Previous data was distorted by misreporting and fraudulent claims across various industries in Texas. This week's decline suggests that these anomalies have been corrected. ⑶ Continuing claims fell 7,000 to 1.92 million, below expectations of 1.95 million and the lowest level since late May. The overall result alleviated recent concerns about a deteriorating labor market.
