Research >> Economics
Weekly initial unemployment claims increase 32,000 to 484,000
In the week ending Nov. 8, the advance figure for seasonally adjusted initial claims was 516,000, an increase of 32,000 from the previous week's revised figure of 484,000. The 4-week moving average was 491,000, an increase of 13,250 from the previous week's revised average of 477,750.
The advance seasonally adjusted insured unemployment rate was 2.9 percent for the week ending Nov. 1, unchanged from the prior week's unrevised rate of 2.9 percent.
The advance number for seasonally adjusted insured unemployment during the week ending Nov. 1 was 3,897,000, an increase of 65,000 from the preceding week's revised level of 3,832,000. The 4-week moving average was 3,794,250, an increase of 43,000 from the preceding week's revised average of 3,751,250.
Posted: November 13, 2008 Thursday 08:30 AM