Research >> Economics
Weekly Initial Unemployment Claims Increase 3,000 to 265,000
|
In the week ending May 2, the advance figure for seasonally adjusted initial claims was 265,000, an increase of 3,000 from the previous week's unrevised level of 262,000. The 4-week moving average was 279,500, a decrease of 4,250 from the previous week's unrevised average of 283,750. This is the lowest level for this average since May 6, 2000 when it was 279,250. There were no special factors impacting this week's initial claims.
The advance seasonally adjusted insured unemployment rate was 1.7 percent for the week ending April 25, unchanged from the previous week's unrevised rate. The advance number for seasonally adjusted insured unemployment during the week ending April 25 was 2,228,000, a decrease of 28,000 from the previous week's revised level. This is the lowest level for insured unemployment since November 11, 2000 when it was 2,161,000. The previous week's level was revised up 3,000 from 2,253,000 to 2,256,000. The 4-week moving average was 2,271,500, a decrease of 20,000 from the previous week's revised average. This is the lowest level for this average since December 9, 2000 when it was 2,266,500. The previous week's average was revised up by 750 from 2,290,750 to 2,291,500.
Posted: May 7, 2015 Thursday 08:30 AM