Research >> Economics
Weekly initial unemployment claims unchanged to 370,000
In the week ending May 12, the advance figure for seasonally adjusted initial claims was 370,000, unchanged from the previous week's revised figure of 370,000. The 4-week moving average was 375,000, a decrease of 4,750 from the previous week's revised average of 379,750.
The advance seasonally adjusted insured unemployment rate was 2.6 percent for the week ending May 5, unchanged from the prior week's revised rate.
The advance number for seasonally adjusted insured unemployment during the week ending May 5 was 3,265,000, an increase of 18,000 from the preceding week's revised level of 3,247,000. The 4-week moving average was 3,282,750, a decrease of 11,750 from the preceding week's revised average of 3,294,500.
Posted: May 17, 2012 Thursday 08:30 AM