Research >> Economics
Weekly initial unemployment claims decrease 3,000 to 420,000
In the week ending Dec. 18, the advance figure for seasonally adjusted initial claims was 420,000, a decrease of 3,000 from the previous week's revised figure of 423,000. The 4-week moving average was 426,000, an increase of 2,500 from the previous week's revised average of 423,500.
The advance seasonally adjusted insured unemployment rate was 3.2 percent for the week ending Dec. 11, a decrease of 0.1 percentage point from the prior week's unrevised rate of 3.3 percent.
The advance number for seasonally adjusted insured unemployment during the week ending Dec.11 was 4,064,000, a decrease of 103,000 from the preceding week's revised level of 4,167,000. The 4-week moving average was 4,155,500, a decrease of 38,250 from the preceding week's revised average of 4,193,750.
Posted: December 23, 2010 Thursday 08:30 AM