Research >> Economics
Weekly Initial Unemployment Claims Decrease 19,000 to 787,000
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In the week ending December 26, the advance figure for seasonally adjusted initial claims was 787,000, a decrease of 19,000 from the previous week's revised level. The previous week's level was revised up by 3,000 from 803,000 to 806,000. The 4-week moving average was 836,750, an increase of 17,750 from the previous week's revised average. The previous week's average was revised up by 750 from 818,250 to 819,000.
The advance seasonally adjusted insured unemployment rate was 3.6 percent for the week ending December 19, unchanged from the previous week's unrevised rate. The advance number for seasonally adjusted insured unemployment during the week ending December 19 was 5,219,000, a decrease of 103,000 from the previous week's revised level. The previous week's level was revised down by 15,000 from 5,337,000 to 5,322,000. The 4-week moving average was 5,457,250, a decrease of 77,000 from the previous week's revised average. The previous week's average was revised down by 3,750 from 5,538,000 to 5,534,250.
Posted: December 31, 2020 Thursday 08:30 AM