Research >> Economics
Weekly Initial Unemployment Claims Decrease 7,000 to 216,000
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In the week ending January 25, the advance figure for seasonally adjusted initial claims was 216,000, a decrease of 7,000 from the previous week's revised level. The previous week's level was revised up by 12,000 from 211,000 to 223,000. The 4-week moving average was 214,500, a decrease of 1,750 from the previous week's revised average. The previous week's average was revised up by 3,000 from 213,250 to 216,250.
The advance seasonally adjusted insured unemployment rate was 1.2 percent for the week ending January 18, unchanged from the previous week's unrevised rate. The advance number for seasonally adjusted insured unemployment during the week ending January 18 was 1,703,000, a decrease of 44,000 from the previous week's revised level. The previous week's level was revised up 16,000 from 1,731,000 to 1,747,000. The 4-week moving average was 1,755,500, a decrease of 6,250 from the previous week's revised average. The previous week's average was revised up by 4,000 from 1,757,750 to 1,761,750.
Posted: January 30, 2020 Thursday 08:30 AM