Research >> Economics
Weekly initial unemployment claims down 14,000 to 529,000
In the week ending Nov. 22, the advance figure for seasonally adjusted initial claims was 529,000, a decrease of 14,000 from the previous week's revised figure of 543,000. The 4-week moving average was 518,000, an increase of 11,000 from the previous week's revised average of 507,000.
The advance seasonally adjusted insured unemployment rate was 3.0 percent for the week ending Nov. 15, unchanged from the prior week's unrevised rate of 3.0 percent.
The advance number for seasonally adjusted insured unemployment during the week ending Nov. 15 was 3,962,000, a decrease of 54,000 from the preceding week's revised level of 4,016,000. The 4-week moving average was 3,929,000, an increase of 60,250 from the preceding week's revised average of 3,868,750.
Posted: November 26, 2008 Wednesday 08:31 AM