#CPI&JoblessClaimsWatch

*Initial Jobless Claims: For the week ending April 5, 2025, initial jobless claims were 223,000, an increase of 4,000 from the previous week's unrevised level of 219,000. This was slightly below the analysts' forecast of 225,000.

*Four-Week Moving Average: The four-week moving average for initial jobless claims was 223,000, unchanged from the previous week's unrevised average. This measure helps to smooth out weekly volatility.

*Continuing Jobless Claims: For the week ending March 29, 2025, the advance number for seasonally adjusted insured unemployment (continuing claims) was 1,850,000, a decrease of 43,000 from the previous week's revised level.

*Four-Week Moving Average (Continuing Claims): The four-week moving average for continuing claims was 1,867,750, a decrease of 250 from the previous week's revised average.

*Unemployment Rate: The unemployment rate in March 2025 remained largely unchanged at 4.2%, with 7.1 million people unemployed. This rate has stayed within a narrow range of 4.0% to 4.2% since May 2024.

*Labor Force Participation Rate: The labor force participation rate was 62.5%, showing little change over the month and the year.