Research >> Economics
Weekly initial unemployment claims down 21,000 to 554,000
In the week ending Dec. 13, the advance figure for seasonally adjusted initial claims was 554,000, a decrease of 21,000 from the previous week's revised figure of 575,000. The 4-week moving average was 543,750, an increase of 2,750 from the previous week's revised average of 541,000.
The advance seasonally adjusted insured unemployment rate was 3.3 percent for the week ending Dec. 6, unchanged from the prior week's unrevised rate of 3.3 percent.
The advance number for seasonally adjusted insured unemployment during the week ending Dec. 6 was 4,384,000, a decrease of 47,000 from the preceding week's revised level of 4,431,000. The 4-week moving average was 4,226,000, an increase of 92,000 from the preceding week's revised average of 4,134,000.
Posted: December 18, 2008 Thursday 08:31 AM