Research >> Economics
Weekly Initial Unemployment Claims Decrease 8,000 to 196,000
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In the week ending April 6, the advance figure for seasonally adjusted initial claims was 196,000, a decrease of 8,000 from the previous week's revised level. This is the lowest level for initial claims since October 4, 1969 when it was 193,000. The previous week's level was revised up by 2,000 from 202,000 to 204,000. The 4-week moving average was 207,000, a decrease of 7,000 from the previous week's revised average. This is the lowest level for this average since December 6, 1969 when it was 204,500. The previous week's average was revised up by 500 from 213,500 to 214,000.
The advance seasonally adjusted insured unemployment rate was 1.2 percent for the week ending March 30, unchanged from the previous week's unrevised rate. The advance number for seasonally adjusted insured unemployment during the week ending March 30 was 1,713,000, a decrease of 13,000 from the previous week's revised level. The previous week's level was revised up 9,000 from 1,717,000 to 1,726,000. The 4-week moving average was 1,734,500, a decrease of 11,000 from the previous week's revised average. The previous week's average was revised up by 2,250 from 1,743,250 to 1,745,500.
Posted: April 11, 2019 Thursday 08:30 AM