Research >> Economics
Weekly Initial Unemployment Claims increase 16,000 to 351,000
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In the week ending September 18, the advance figure for seasonally adjusted initial claims was 351,000, an increase of 16,000 from the previous week's revised level. The previous week's level was revised up by 3,000 from 332,000 to 335,000. The 4-week moving average was 335,750, a decrease of 750 from the previous week's revised average. The previous week's average was revised up by 750 from 335,750 to 336,500.
The advance seasonally adjusted insured unemployment rate was 2.1 percent for the week ending September 11, an increase of 0.1 percentage point from the previous week's revised rate. The previous week's rate was revised up by 0.1 from 1.9 to 2.0 percent. The advance number for seasonally adjusted insured unemployment during the week ending September 11 was 2,845,000, an increase of 131,000 from the previous week's revised level. The previous week's level was revised up 49,000 from 2,665,000 to 2,714,000. The 4-week moving average was 2,804,000, a decrease of 15,750 from the previous week's revised average. This is the lowest level for this average since March 21, 2020 when it was 2,071,750. The previous week's average was revised up by 12,250 from 2,807,500 to 2,819,750.
Posted: September 23, 2021 Thursday 08:30 AM