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Weekly initial unemployment claims increase 12,000 to 465,000
In the week ending Sept. 18, the advance figure for seasonally adjusted initial claims was 465,000, an increase of 12,000 from the previous week's revised figure of 453,000. The 4-week moving average was 463,250, a decrease of 3,250 from the previous week's revised average of 466,500.
The advance seasonally adjusted insured unemployment rate was 3.5 percent for the week ending Sept. 11, a decrease of 0.1 percentage point from the prior week's revised rate of 3.6 percent.
The advance number for seasonally adjusted insured unemployment during the week ending Sept. 11 was 4,489,000, a decrease of 48,000 from the preceding week's revised level of 4,537,000. The 4-week moving average was 4,519,500, an increase of 2,500 from the preceding week's revised average of 4,517,000.
Posted: September 23, 2010 Thursday 08:30 AM