US Hits Another 5.2M Jobless Claims

This morning the Department of Labor announced the Initial Jobless Claims for the week ended April 11th, the seasonally adjusted claims came in at 5,245,000, a decrease of 1,370,000 from the previous week’s revised level.

The largest increases in initial claims for the week ending April 4 were in Georgia (+256,312), Michigan (+84,219), Arizona (+43,488), Texas (+38,982), and Virginia (+34,872), while the largest decreases were in California (-139,511), Pennsylvania (-127,037), Florida (-58,599), Ohio (-48,097), and Massachusetts (-41,776).

Information for this briefing was found via the Department of Labor. The author has no securities or affiliations with any of the mentioned securities. Not a recommendation to buy or sell. Always do additional research and consult a professional before purchasing a security. The author holds no licenses.