Research >> Economics
Weekly initial unemployment claims increase 25,000 to 410,000
In the week ending Feb. 12, the advance figure for seasonally adjusted initial claims was 410,000, an increase of 25,000 from the previous week's revised figure of 385,000. The 4-week moving average was 417,750, an increase of 1,750 from the previous week's revised average of 416,000.
The advance seasonally adjusted insured unemployment rate was 3.1 percent for the week ending Feb. 5, unchanged from the prior week's unrevised rate of 3.1 percent.
The advance number for seasonally adjusted insured unemployment during the week ending Feb.5 was 3,911,000, an increase of 1,000 from the preceding week's revised level of 3,910,000. The 4-week moving average was 3,941,500, an increase of 3,500 from the preceding week's revised average of 3,938,000.
Posted: February 17, 2011 Thursday 08:30 AM