AI Data Insight
The 4-week moving average of US initial jobless claims for the week ending September 12, 2026, dropped to 203,300, lower than the previous reading of 206,000, confirming a steady labor market landscape. Both single-week initial claims and continuing claims outperformed market expectations, reflecting a new normal of "low layoffs, low hiring" and giving the Federal Reserve the confidence to raise interest rates to suppress inflation.