Research >> Economics
Weekly initial unemployment claims unchanged at 627,000
In the week ending Feb. 14, the advance figure for seasonally adjusted initial claims was 627,000, unchanged from the previous week's revised figure of 627,000. The 4-week moving average was 619,000, an increase of 10,500 from the previous week's revised average of 608,500.
The advance seasonally adjusted insured unemployment rate was 3.7 percent for the week ending Feb. 7, an increase of 0.1 percentage point from the prior week's unrevised rate of 3.6 percent.
The advance number for seasonally adjusted insured unemployment during the week ending Feb. 7 was 4,987,000, an increase of 170,000 from the preceding week's revised level of 4,817,000. The 4-week moving average was 4,839,500, an increase of 92,500 from the preceding week's revised average of 4,747,000.
Posted: February 19, 2009 Thursday 08:30 AM