Research >> Economics
Weekly Initial Unemployment Claims Decrease 4,000 to 231,000
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In the week ending December 1, the advance figure for seasonally adjusted initial claims was 231,000, a decrease of 4,000 from the previous week's revised level. The previous week's level was revised up by 1,000 from 234,000 to 235,000. The 4-week moving average was 228,000, an increase of 4,250 from the previous week's revised average. The previous week's average was revised up by 500 from 223,250 to 223,750.
The advance seasonally adjusted insured unemployment rate was 1.1 percent for the week ending November 24, a decrease of 0.1 percentage point from the previous week's unrevised rate. The advance number for seasonally adjusted insured unemployment during the week ending November 24 was 1,631,000, a decrease of 74,000 from the previous week's revised level. The previous week's level was revised down by 5,000 from 1,710,000 to 1,705,000. The 4-week moving average was 1,667,000, an increase of 250 from the previous week's revised average. The previous week's average was revised down by 1,000 from 1,667,750 to 1,666,750.
Posted: December 6, 2018 Thursday 08:30 AM