Research >> Economics
Weekly initial unemployment claims decrease 22,000 to 405,000
In the week ending July 9, the advance figure for seasonally adjusted initial claims was 405,000, a decrease of 22,000 from the previous week's revised figure of 427,000. The 4-week moving average was 423,250, a decrease of 3,750 from the previous week's revised average of 427,000.
The advance seasonally adjusted insured unemployment rate was 3.0 percent for the week ending July 2, unchanged from the prior week's revised rate of 3.0 percent.
The advance number for seasonally adjusted insured unemployment during the week ending July 2 was 3,727,000, an increase of 15,000 from the preceding week's revised level of 3,712,000. The 4-week moving average was 3,719,250, a increase of 6,250 from the preceding week's revised average of 3,713,000.
Posted: July 14, 2011 Thursday 08:30 AM