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Weekly initial unemployment claims decrease 13,000 to 403,000
In the week ending April 16, the advance figure for seasonally adjusted initial claims was 403,000, a decrease of 13,000 from the previous week's revised figure of 416,000. The 4-week moving average was 399,000, an increase of 2,250 from the previous week's revised average of 396,750.
The advance seasonally adjusted insured unemployment rate was 2.9 percent for the week ending April 9, unchanged from the prior week's unrevised rate of 2.9 percent.
The advance number for seasonally adjusted insured unemployment during the week ending April 9 was 3,695,000, a decrease of 7,000 from the preceding week's revised level of 3,702,000. The 4-week moving average was 3,716,750, a decrease of 17,500 from the preceding week's revised average of 3,734,250.
Posted: April 21, 2011 Thursday 08:30 AM