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Weekly initial unemployment claims increase 15,000 to 381,000
In the week ending December 24, the advance figure for seasonally adjusted initial claims was 381,000, an increase of 15,000 from the previous week's revised figure of 366,000. The 4-week moving average was 375,000, a decrease of 5,750 from the previous week's revised average of 380,750.
The advance seasonally adjusted insured unemployment rate was 2.9 percent for the week ending December 17, an increase of 0.1 percentage point from the prior week's unrevised rate.
The advance number for seasonally adjusted insured unemployment during the week ending December 17, was 3,601,000, an increase of 34,000 from the preceding week's revised level of 3,567,000. The 4-week moving average was 3,598,750, a decrease of 39,000 from the preceding week's revised average of 3,637,750.
Posted: December 29, 2011 Thursday 08:30 AM