Initial unemployment claims fall 23,000 in latest report, but 4-week average up 6,000

In the week ending September 16, initial unemployment claims were 259,000, a decrease of 23,000 from the previous week's revised level.  The 4-week moving average was 268,750, an increase of 6,000 from the previous week's revised average. This is the highest level for this average since June 4, 2016 when it was 269,500.

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