Research >> Economics
Weekly Initial Unemployment Claims Decrease 16,000 to 278,000
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In the week ending January 23, the advance figure for seasonally adjusted initial claims was 278,000, a decrease of 16,000 from the previous week's revised level. The previous week's level was revised up by 1,000 from 293,000 to 294,000. The 4-week moving average was 283,000, a decrease of 2,250 from the previous week's revised average. The previous week's average was revised up by 250 from 285,000 to 285,250. There were no special factors impacting this week's initial claims.
The advance seasonally adjusted insured unemployment rate was 1.7 percent for the week ending January 16, an increase of 0.1 percentage point from the previous week's unrevised rate. The advance number for seasonally adjusted insured unemployment during the week ending January 16 was 2,268,000, an increase of 49,000 from the previous week's revised level. The previous week's level was revised up 11,000 from 2,208,000 to 2,219,000. The 4-week moving average was 2,246,250, an increase of 15,750 from the previous week's revised average. The previous week's average was revised up by 2,750 from 2,227,750 to 2,230,500.
Posted: January 28, 2016 Thursday 08:30 AM