Research >> Economics
Weekly Initial Unemployment Claims Decrease 1,000 to 264,000
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In the week ending May 9, the advance figure for seasonally adjusted initial claims was 264,000, a decrease of 1,000 from the previous week's unrevised level of 265,000. The 4-week moving average was 271,750, a decrease of 7,750 from the previous week's unrevised average of 279,500. This is the lowest level for this average since April 22, 2000 when it was 266,750. There were no special factors impacting this week's initial claims.
The advance seasonally adjusted insured unemployment rate was 1.7 percent for the week ending May 2, unchanged from the previous week's unrevised rate. The advance number for seasonally adjusted insured unemployment during the week ending May 2 was 2,229,000, unchanged from the previous week's revised level. The previous week's level was revised up 1,000 from 2,228,000 to 2,229,000. The 4-week moving average was 2,260,250, a decrease of 11,500 from the previous week's revised average. This is the lowest level for this average since December 2, 2000 when it was 2,241,000. The previous week's average was revised up by 250 from 2,271,500 to 2,271,750.
Posted: May 14, 2015 Thursday 08:30 AM