Research >> Economics
Weekly initial unemployment claims decrease 37,000 to 404,000
In the week ending Jan. 15, the advance figure for seasonally adjusted initial claims was 404,000, a decrease of 37,000 from the previous week's revised figure of 441,000. The 4-week moving average was 411,750, a decrease of 4,000 from the previous week's revised average of 415,750.
The advance seasonally adjusted insured unemployment rate was 3.1 percent for the week ending Jan. 8, unchanged from the prior week's unrevised rate of 3.1 percent.
The advance number for seasonally adjusted insured unemployment during the week ending Jan. 8 was 3,861,000, a decrease of 26,000 from the preceding week's revised level of 3,887,000. The 4-week moving average was 4,006,250, a decrease of 52,250 from the preceding week's revised average of 4,058,500.
Posted: January 20, 2011 Thursday 08:30 AM