Research >> Economics
Weekly initial unemployment claims decrease 43,000 to 440,000
In the week ending Feb. 6, the advance figure for seasonally adjusted initial claims was 440,000, a decrease of 43,000 from the previous week's revised figure of 483,000. The 4-week moving average was 468,500, a decrease of 1,000 from the previous week's revised average of 469,500.
The advance seasonally adjusted insured unemployment rate was 3.5 percent for the week ending Jan. 30, unchanged from the prior week's unrevised rate of 3.5 percent.
The advance number for seasonally adjusted insured unemployment during the week ending Jan. 30 was 4,538,000, a decrease of 79,000 from the preceding week's revised level of 4,617,000. The 4-week moving average was 4,603,500, a decrease of 17,750 from the preceding week's revised average of 4,621,250.
The fiscal year-to-date average for seasonally adjusted insured unemployment for all programs is 5.322 million.
Posted: February 11, 2010 Thursday 08:30 AM