Research >> Economics
Weekly Initial Unemployment Claims Increase 17,000 to 298,000
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In the week ending December 27, the advance figure for seasonally adjusted initial claims was 298,000, an increase of 17,000 from the previous week's revised level. The previous week's level was revised up by 1,000 from 280,000 to 281,000. The 4-week moving average was 290,750, an increase of 250 from the previous week's revised average. The previous week's average was revised up by 250 from 290,250 to 290,500. There were no special factors impacting this week's initial claims.
The advance seasonally adjusted insured unemployment rate was 1.8 percent for the week ending December 20, unchanged from the previous week's unrevised rate. The advance number for seasonally adjusted insured unemployment during the week ending December 20 was 2,353,000, a decrease of 53,000 from the previous week's revised level. The previous week's level was revised up 3,000 from 2,403,000 to 2,406,000. The 4-week moving average was 2,414,250, a decrease of 4,750 from the previous week's revised average. The previous week's average was revised up by 750 from 2,418,250 to 2,419,000.
Posted: December 31, 2014 Wednesday 08:45 AM