Research >> Economics
Weekly Initial Unemployment Claims Decrease 7,000 to 262,000
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In the week ending February 13, the advance figure for seasonally adjusted initial claims was 262,000, a decrease of 7,000 from the previous week's unrevised level of 269,000. The 4-week moving average was 273,250, a decrease of 8,000 from the previous week's unrevised average of 281,250. 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 February 6, 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 February 6 was 2,273,000, an increase of 30,000 from the previous week's revised level. The previous week's level was revised up 4,000 from 2,239,000 to 2,243,000. The 4-week moving average was 2,262,500, an increase of 13,500 from the previous week's revised average. The previous week's average was revised up by 1,000 from 2,248,000 to 2,249,000.
Posted: February 18, 2016 Thursday 08:30 AM