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Weekly initial unemployment claims increase 21,000 to 377,000
In the week ending January 21, the advance figure for seasonally adjusted initial claims was 377,000, an increase of 21,000 from the previous week's revised figure of 356,000. The 4-week moving average was 377,500, a decrease of 2,500 from the previous week's revised average of 380,000.
The advance seasonally adjusted insured unemployment rate was 2.8 percent for the week ending January 14, an increase of 0.1 percentage point from the prior week's unrevised rate.
The advance number for seasonally adjusted insured unemployment during the week ending January 14, was 3,554,000, an increase of 88,000 from the preceding week's revised level of 3,466,000. The 4-week moving average was 3,569,000, a decrease of 15,750 from the preceding week's revised average of 3,584,750.
Posted: January 26, 2012 Thursday 08:30 AM