Research >> Economics
Weekly initial unemployment claims decrease 24,000 to 456,000
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In the week ending April 17, the advance figure for seasonally adjusted initial claims was 456,000, a decrease of 24,000 from the previous week's revised figure of 480,000. The 4-week moving average was 460,250, an increase of 2,750 from the previous week's revised average of 457,500.
The advance seasonally adjusted insured unemployment rate was 3.6 percent for the week ending April 10, a decrease of 0.1 percentage point from the prior week's revised rate of 3.7 percent.
The advance number for seasonally adjusted insured unemployment during the week ending April 10 was 4,646,000, a decrease of 40,000 from the preceding week's revised level of 4,686,000. The 4-week moving average was 4,643,750, a decrease of 5,500 from the preceding week's revised average of 4,649,250.
The fiscal year-to-date average of seasonally adjusted weekly insured unemployment, which corresponds to the appropriated AWIU trigger, was 5.202 million.
Posted: April 22, 2010 Thursday 08:30 AM