Research >> Economics
Weekly initial unemployment claims decrease 3,000 to 450,000
In the week ending Sept. 11, the advance figure for seasonally adjusted initial claims was 450,000, a decrease of 3,000 from the previous week's revised figure of 453,000. The 4-week moving average was 464,750, a decrease of 13,500 from the previous week's revised average of 478,250.
The advance seasonally adjusted insured unemployment rate was 3.5 percent for the week ending Sept. 4, a decrease of 0.1 percentage point from the prior week's revised rate of 3.6 percent.
The advance number for seasonally adjusted insured unemployment during the week ending Sept. 4 was 4,485,000, a decrease of 84,000 from the preceding week's revised level of 4,569,000. The 4-week moving average was 4,503,000, a decrease of 7,500 from the preceding week's revised average of 4,510,500.
Posted: September 16, 2010 Thursday 08:30 AM