Research >> Economics
Weekly initial unemployment claims increase 22,000 to 496,000
In the week ending Feb. 20, the advance figure for seasonally adjusted initial claims was 496,000, an increase of 22,000 from the previous week's revised figure of 474,000. The 4-week moving average was 473,750, an increase of 6,000 from the previous week's revised average of 467,750.
The advance seasonally adjusted insured unemployment rate was 3.5 percent for the week ending Feb. 13, unchanged from the prior week's unrevised rate of 3.5 percent.
The advance number for seasonally adjusted insured unemployment during the week ending Feb. 13 was 4,617,000, an increase of 6,000 from the preceding week's revised level of 4,611,000. The 4-week moving average was 4,600,750, an increase of 4,250 from the preceding week's revised average of 4,596,500.
The fiscal year-to-date average for seasonally adjusted insured unemployment for all programs is 5.209 million.
Posted: February 25, 2010 Thursday 08:30 AM