Research >> Economics
Weekly Initial Unemployment Claims Increase 10,000 to 293,000
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In the week ending January 16, the advance figure for seasonally adjusted initial claims was 293,000, an increase of 10,000 from the previous week's revised level. The previous week's level was revised down by 1,000 from 284,000 to 283,000. The 4-week moving average was 285,000, an increase of 6,500 from the previous week's revised average. The previous week's average was revised down by 250 from 278,750 to 278,500. There were no special factors impacting this week's initial claims.
The advance seasonally adjusted insured unemployment rate was 1.6 percent for the week ending January 9, a decrease of 0.1 percentage point from the previous week's unrevised rate. The advance number for seasonally adjusted insured unemployment during the week ending January 9 was 2,208,000, a decrease of 56,000 from the previous week's revised level. The previous week's level was revised up 1,000 from 2,263,000 to 2,264,000. The 4-week moving average was 2,227,750, an increase of 3,250 from the previous week's revised average. The previous week's average was revised up by 250 from 2,224,250 to 2,224,500.
Posted: January 21, 2016 Thursday 08:30 AM