Research >> Economics
Weekly initial unemployment claims decrease 14,000 to 442,000
In the week ending March 20, the advance figure for seasonally adjusted initial claims was 442,000, a decrease of 14,000 from the previous week's revised figure of 456,000. The 4-week moving average was 453,750, a decrease of 11,000 from the previous week's revised average of 464,750.
The advance seasonally adjusted insured unemployment rate was 3.6 percent for the week ending March 13, unchanged from the prior week's revised rate of 3.6 percent.
The advance number for seasonally adjusted insured unemployment during the week ending March 13 was 4,648,000, a decrease of 54,000 from the preceding week's revised level of 4,702,000. The 4-week moving average was 4,689,000, a decrease of 36,500 from the preceding week's revised average of 4,725,500.
The fiscal year-to-date average of seasonally adjusted weekly insured unemployment, which corresponds to the appropriated AWIU trigger, was 5.140 million.
Posted: March 25, 2010 Thursday 08:30 AM