The Labor Department reported that 206,000 Americans have filed new claims for state unemployment benefits, an increase of 18,000 from the previous week’s revised level. The previous week’s level was revised up by 4,000 from 184,000 to 188,000. The four-week moving average was 203,750, a decrease of 16,000 from the previous week’s revised average. This is the lowest level for this average since November 15, 1969 when it was 202,750. The previous week’s average was revised up by 1,000 from 218,750 to 219,750.
“If we filled every single job opening that’s out there right now, we’d have employment that was not