Research >> Economics
Weekly Initial Unemployment Claims Decrease 5,000 to 210,000
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In the week ending October 13, the advance figure for seasonally adjusted initial claims was 210,000, a decrease of 5,000 from the previous week's revised level. The previous week's level was revised up by 1,000 from 214,000 to 215,000. The 4-week moving average was 211,750, an increase of 2,000 from the previous week's revised average. The previous week's average was revised up by 250 from 209,500 to 209,750.
The advance seasonally adjusted insured unemployment rate was 1.2 percent for the week ending October 6, unchanged from the previous week's unrevised rate. The advance number for seasonally adjusted insured unemployment during the week ending October 6 was 1,640,000, a decrease of 13,000 from the previous week's revised level. This is the lowest level for insured unemployment since August 4, 1973 when it was 1,633,000. The previous week's level was revised down by 7,000 from 1,660,000 to 1,653,000. The 4-week moving average was 1,653,000, a decrease of 1,250 from the previous week's revised average. This is the lowest level for this average since August 18, 1973 when it was 1,646,750. The previous week's average was revised down by 1,750 from 1,656,000 to 1,654,250.
Posted: October 18, 2018 Thursday 08:30 AM