Research >> Economics
Weekly Initial Unemployment Claims Decrease 10,000 to 203,000
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In the week ending September 1, the advance figure for seasonally adjusted initial claims was 203,000, a decrease of 10,000 from the previous week's unrevised level of 213,000. This is the lowest level for initial claims since December 6, 1969 when it was 202,000. The 4-week moving average was 209,500, a decrease of 2,750 from the previous week's unrevised average of 212,250. This is the lowest level for this average since December 6, 1969 when it was 204,500.
The advance seasonally adjusted insured unemployment rate was 1.2 percent for the week ending August 25, unchanged from the previous week's unrevised rate. The advance number for seasonally adjusted insured unemployment during the week ending August 25 was 1,707,000, a decrease of 3,000 from the previous week's revised level. The previous week's level was revised up 2,000 from 1,708,000 to 1,710,000. The 4-week moving average was 1,718,500, a decrease of 13,250 from the previous week's revised average. This is the lowest level for this average since December 8, 1973 when it was 1,715,500. The previous week's average was revised up by 500 from 1,731,250 to 1,731,750.
Posted: September 6, 2018 Thursday 08:30 AM