Research >> Economics
Weekly initial unemployment claims increase 18,000 to 460,000
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In the week ending April 3, the advance figure for seasonally adjusted initial claims was 460,000, an increase of 18,000 from the previous week's revised figure of 442,000. The 4-week moving average was 450,250, an increase of 2,250 from the previous week's revised average of 448,000.
The advance seasonally adjusted insured unemployment rate was 3.5 percent for the week ending March 27, a decrease of 0.1 percentage point from the prior week's unrevised rate of 3.6 percent.
The advance number for seasonally adjusted insured unemployment during the week ending March 27 was 4,550,000, a decrease of 131,000 from the preceding week's revised level of 4,681,000. The 4-week moving average was 4,648,250, a decrease of 36,000 from the preceding week's revised average of 4,684,250.
The fiscal year-to-date average of seasonally adjusted weekly insured unemployment, which corresponds to the appropriated AWIU trigger, was 5.236 million.
Posted: April 8, 2010 Thursday 08:30 AM