Initial Jobless Claims Fell for Third Straight Week in Early August

Washington, DC, August 12, 2021-In the week ending August 7, the advance figure for seasonally adjusted initial claims was 375,000, a decrease of 12,000 from the previous week’s revised level, according to the Department of Labor 

The previous week’s level was revised up by 2,000 from 385,000 to 387,000. The 4-week moving average was 396,250, an increase of 1,750 from the previous week’s revised average. The previous week’s average was revised up by 500 from 394,000 to 394,500.