Initial unemployment claims rise by 12,000 in latest report, impacted by hurricanes

In the week ending September 23, initial unemployment claims were 272,000, an increase of 12,000 from the previous week's revised level. The 4-week moving average was 277,750, an increase of 9,000 from the previous week's unrevised average of 268,750. This is the highest level for this average since February 6, 2016 when it was 277,750.

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