Research >> Economics
Weekly initial unemployment claims decrease 5,000 to 457,000
In the week ending March 13, the advance figure for seasonally adjusted initial claims was 457,000, a decrease of 5,000 from the previous week's unrevised figure of 462,000. The 4-week moving average was 471,250, a decrease of 4,250 from the previous week's unrevised average of 475,500.
The advance seasonally adjusted insured unemployment rate was 3.5 percent for the week ending March 6, unchanged from the prior week's unrevised rate of 3.5 percent.
The advance number for seasonally adjusted insured unemployment during the week ending March 6 was 4,579,000, an increase of 12,000 from the preceding week's revised level of 4,567,000. The 4-week moving average was 4,575,250, a decrease of 8,000 from the preceding week's revised average of 4,583,250.
The fiscal year-to-date average of seasonally adjusted weekly insured unemployment, which corresponds to the appropriated AWIU trigger, was 5.166 million.
Posted: March 18, 2010 Thursday 08:30 AM