Research >> Economics
Weekly Initial Unemployment Claims Decrease 12,000 to 350,000
In the week ending October 19, the advance figure for seasonally adjusted initial claims was 350,000, a decrease of 12,000 from the previous week's revised figure of 362,000. The 4-week moving average was 348,250, an increase of 10,750 from the previous week's revised average of 337,500.
The advance seasonally adjusted insured unemployment rate was 2.2 percent for the week ending October 12, unchanged from the prior week's unrevised rate. The advance number for seasonally adjusted insured unemployment during the week ending October 12 was 2,874,000, a decrease of 8,000 from the preceding week's revised level of 2,882,000. The 4-week moving average was 2,894,750, an increase of 13,250 from the preceding week's revised average of 2,881,500.
Posted: October 24, 2013 Thursday 08:30 AM