Research >> Economics
Weekly initial unemployment claims decrease 3,000 to 420,000
In the week ending Dec. 11, the advance figure for seasonally adjusted initial claims was 420,000, a decrease of 3,000 from the previous week's revised figure of 423,000. The 4-week moving average was 422,750, a decrease of 5,250 from the previous week's revised average of 428,000.
The advance seasonally adjusted insured unemployment rate was 3.3 percent for the week ending Dec. 4, unchanged from the prior week's revised rate of 3.3 percent.
The advance number for seasonally adjusted insured unemployment during the week ending Dec. 4 was 4,135,000, an increase of 22,000 from the preceding week's revised level of 4,113,000. The 4-week moving average was 4,185,500, a decrease of 47,250 from the preceding week's revised average of 4,232,750.
Posted: December 16, 2010 Thursday 08:30 AM