Research >> Economics
Weekly initial unemployment claims up 54,000 to 524,000
In the week ending Jan. 10, the advance figure for seasonally adjusted initial claims was 524,000, an increase of 54,000 from the previous week's revised figure of 470,000. The 4-week moving average was 518,500, a decrease of 8,000 from the previous week's revised average of 526,500.
The advance seasonally adjusted insured unemployment rate was 3.4 percent for the week ending Jan. 3, unchanged from the prior week's unrevised rate of 3.4 percent.
The advance number for seasonally adjusted insured unemployment during the week ending Jan. 3 was 4,497,000, a decrease of 115,000 from the preceding week's revised level of 4,612,000. The 4-week moving average was 4,497,750, an increase of 27,500 from the preceding week's revised average of 4,470,250.
Posted: January 15, 2009 Thursday 08:30 AM