Research >> Economics
Weekly initial unemployment claims decrease 19,000 to 457,000
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In the week ending June 19, the advance figure for seasonally adjusted initial claims was 457,000, a decrease of 19,000 from the previous week's revised figure of 476,000. The 4-week moving average was 462,750, a decrease of 1,500 from the previous week's revised average of 464,250.
The advance seasonally adjusted insured unemployment rate was 3.5 percent for the week ending June 12, 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 June 12 was 4,548,000, a decrease of 45,000 from the preceding week's revised level of 4,593,000. The 4-week moving average was 4,586,500, a decrease of 21,750 from the preceding week's revised average of 4,608,250.
The fiscal year-to-date average of seasonally adjusted weekly insured unemployment, which corresponds to the appropriated AWIU trigger, was 5.084 million.
Posted: June 24, 2010 Thursday 08:30 AM