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Weekly initial unemployment claims increase 35,000 to 445,000
In the week ending Jan. 8, the advance figure for seasonally adjusted initial claims was 445,000, an increase of 35,000 from the previous week's revised figure of 410,000. The 4-week moving average was 416,500, an increase of 5,500 from the previous week's revised average of 411,000.
The advance seasonally adjusted insured unemployment rate was 3.1 percent for the week ending Jan. 1, a decrease of 0.2 percentage point from the prior week's unrevised rate of 3.3 percent.
The advance number for seasonally adjusted insured unemployment during the week ending Jan. 1 was 3,879,000, a decrease of 248,000 from the preceding week's revised level of 4,127,000. The 4-week moving average was 4,056,500, a decrease of 72,000 from the preceding week's revised average of 4,128,500.
Posted: January 13, 2011 Thursday 08:30 AM