Research >> Economics
Weekly Initial Unemployment Claims Decrease 34,000 to 262,000
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In the week ending April 25, the advance figure for seasonally adjusted initial claims was 262,000, a decrease of 34,000 from the previous week's revised level. This is the lowest level for initial claims since April 15, 2000 when it was 259,000. The previous week's level was revised up by 1,000 from 295,000 to 296,000. The 4-week moving average was 283,750, a decrease of 1,250 from the previous week's revised average. The previous week's average was revised up by 500 from 284,500 to 285,000. There were no special factors impacting this week's initial claims.
The advance seasonally adjusted insured unemployment rate was 1.7 percent for the week ending April 18, unchanged from the previous week's unrevised rate. The advance number for seasonally adjusted insured unemployment during the week ending April 18 was 2,253,000, a decrease of 74,000 from the previous week's revised level. This is the lowest level for insured unemployment since December 2, 2000 when it was 2,229,000. The previous week's level was revised up 2,000 from 2,325,000 to 2,327,000. The 4-week moving average was 2,290,750, a decrease of 18,500 from the previous week's revised average. This is the lowest level for this average since December 23, 2000 when it was 2,288,500. The previous week's average was revised up by 500 from 2,308,750 to 2,309,250.
Posted: April 30, 2015 Thursday 08:30 AM