Research >> Economics
Weekly initial unemployment claims increase 9,000 to 429,000
In the week ending June 18, the advance figure for seasonally adjusted initial claims was 429,000, an increase of 9,000 from the previous week's revised figure of 420,000. The 4-week moving average was 426,250, unchanged from the previous week's revised average of 426,250.
The advance seasonally adjusted insured unemployment rate was 2.9 percent for the week ending June 11, unchanged from the prior week's unrevised rate of 2.9 percent.
The advance number for seasonally adjusted insured unemployment during the week ending June 11 was 3,697,000, a decrease of 1,000 from the preceding week's revised level of 3,698,000. The 4-week moving average was 3,709,500, a decrease of 5,250 from the preceding week's revised average of 3,714,750.
Posted: June 23, 2011 Thursday 08:30 AM