Research >> Economics
Weekly initial unemployment claims decrease 3,000 to 456,000
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In the week ending June 5, the advance figure for seasonally adjusted initial claims was 456,000, a decrease of 3,000 from the previous week's revised figure of 459,000. The 4-week moving average was 463,000, an increase of 2,500 from the previous week's revised average of 460,500.
The advance seasonally adjusted insured unemployment rate was 3.5 percent for the week ending May 29, a decrease of 0.2 percentage point from the prior week's revised rate of 3.7 percent.
The advance number for seasonally adjusted insured unemployment during the week ending May 29 was 4,462,000, a decrease of 255,000 from the preceding week's revised level of 4,717,000. The 4-week moving average was 4,617,500, a decrease of 49,250 from the preceding week's revised average of 4,666,750.
The fiscal year-to-date average of seasonally adjusted weekly insured unemployment, which corresponds to the appropriated AWIU trigger, was 5.120 million.
Posted: June 10, 2010 Thursday 08:30 PM