Research >> Economics
Weekly Initial Unemployment Claims Decrease 12,000 to 260,000
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In the week ending September 30, the advance figure for seasonally adjusted initial claims was 260,000, a decrease of 12,000 from the previous week's unrevised level of 272,000. The 4-week moving average was 268,250, a decrease of 9,500 from the previous week's unrevised average of 277,750. Hurricanes Harvey, Irma, and Maria impacted this week's claims.
The advance seasonally adjusted insured unemployment rate was 1.4 percent for the week ending September 23, unchanged from the previous week's unrevised rate. The advance number for seasonally adjusted insured unemployment during the week ending September 23 was 1,938,000, an increase of 2,000 from the previous week's revised level. The previous week's level was revised up 2,000 from 1,934,000 to 1,936,000. The 4-week moving average was 1,947,000, a decrease of 3,250 from the previous week's revised average. The previous week's average was revised up by 500 from 1,949,750 to 1,950,250.
Posted: October 5, 2017 Thursday 08:30 AM