Research >> Economics
Weekly initial unemployment claims decrease 8,000 to 470,000
In the week ending Jan. 23, the advance figure for seasonally adjusted initial claims was 470,000, a decrease of 8,000 from the previous week's revised figure of 478,000. The 4-week moving average was 456,250, an increase of 9,500 from the previous week's revised average of 446,750.
The advance seasonally adjusted insured unemployment rate was 3.5 percent for the week ending Jan. 16, 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 Jan. 16 was 4,602,000, a decrease of 57,000 from the preceding week's revised level of 4,659,000. The 4-week moving average was 4,669,250, a decrease of 94,250 from the preceding week's revised average of 4,763,500.
The fiscal year-to-date average for seasonally adjusted insured unemployment for all programs is 5.404 million.
Posted: January 28, 2010 Thursday 08:30 AM