Research >> Economics
Weekly initial unemployment claims decrease 28,000 to 452,000
In the week ending Dec. 19, the advance figure for seasonally adjusted initial claims was 452,000, a decrease of 28,000 from the previous week's unrevised figure of 480,000. The 4-week moving average was 465,250, a decrease of 2,750 from the previous week's revised average of 468,000.
The advance seasonally adjusted insured unemployment rate was 3.9 percent for the week ending Dec. 12, unchanged from the prior week's unrevised rate of 3.9 percent.
The advance number for seasonally adjusted insured unemployment during the week ending Dec. 12 was 5,076,000, a decrease of 127,000 from the preceding week's revised level of 5,203,000. The 4-week moving average was 5,233,000, a decrease of 90,000 from the preceding week's revised average of 5,323,000.
The fiscal year-to-date average for seasonally adjusted insured unemployment for all programs is 5.673 million.
Posted: December 24, 2009 Thursday 08:30 AM