US: Initial claims was 207,000, an increase of 9,000 from the previous week

"In the week ending July 21, the advance figure for seasonally adjusted initial claims was 217,000, an increase of 9,000 from the previous week's revised level," the U.S. Department of Labor announced on Thursday.

Key quotes

• The previous week's level was revised up by 1,000 from 207,000 to 208,000.
• The 4-week moving average was 218,000, a decrease of 2,750 from the previous week's revised average.
• The advance number for seasonally adjusted insured unemployment during the week ending July 14 was 1,745,000, a decrease of 8,000 from the previous week's revised level. The 4-week moving average was 1,745,750, an increase of 9,500 from the previous week's revised average. The previous week's average was revised up by 500 from 1,735,750 to 1,736,250.