Research >> Economics
Weekly Initial Unemployment Claims Increase 17,000 to 233,000
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In the week ending January 20, the advance figure for seasonally adjusted initial claims was 233,000, an increase of 17,000 from the previous week's revised level. The previous week's level was revised down by 4,000 from 220,000 to 216,000. The 4-week moving average was 240,000, a decrease of 3,500 from the previous week's revised average. The previous week's average was revised down by 1,000 from 244,500 to 243,500. The claims taking procedures in Puerto Rico and in the Virgin Islands have still not returned to normal.
The advance seasonally adjusted insured unemployment rate was 1.4 percent for the week ending January 13, unchanged from the previous week's unrevised rate. The advance number for seasonally adjusted insured unemployment during the week ending January 13 was 1,937,000, a decrease of 28,000 from the previous week's revised level. The previous week's level was revised up 13,000 from 1,952,000 to 1,965,000. The 4-week moving average was 1,920,000, a decrease of 3,500 from the previous week's revised average. The previous week's average was revised up by 2,500 from 1,921,000 to 1,923,500.
Posted: January 25, 2018 Thursday 08:30 AM