Research >> Economics
Weekly initial unemployment claims decrease 27,000 to 451,000
In the week ending Sept. 4, the advance figure for seasonally adjusted initial claims was 451,000, a decrease of 27,000 from the previous week's revised figure of 478,000. The 4-week moving average was 477,750, a decrease of 9,250 from the previous week's revised average of 487,000.
The advance seasonally adjusted insured unemployment rate was 3.5 percent for the week ending Aug. 28, unchanged from the prior week's unrevised rate of 3.5 percent.
The advance number for seasonally adjusted insured unemployment during the week ending Aug. 28 was 4,478,000, a decrease of 2,000 from the preceding week's revised level of 4,480,000. The 4-week moving average was 4,488,000, a decrease of 3,250 from the preceding week's revised average of 4,491,250.
The fiscal year-to-date average of seasonally adjusted weekly insured unemployment, which corresponds to the appropriated AWIU trigger, was 4.986 million.
Posted: September 9, 2010 Thursday 08:30 AM